Form N-Q

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         811-6265         

        Nuveen Pennsylvania Investment Quality Municipal Fund, Inc.         
(Exact name of registrant as specified in charter)


        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)


Jessica R. Droeger—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:            06/30          

Date of reporting period:          09/30/05         

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

  Portfolio of Investments (Unaudited)
Nuveen Pennsylvania Investment Quality Municipal Fund (NQP)
September 30, 2005

  Principal        Optional Call      Market 
  Amount (000)    Description(1)     Provisions*    Ratings**  Value 
      Consumer Staples - 0.4% (0.3% of Total Investments)           
$   1,000    Pennsylvania Economic Development Financing Authority, Solid Waste Disposal Revenue Bonds, Procter    No Opt. Call    AA-  $ 1,100,270 
      & Gamble Paper Project, Series 2001, 5.375%, 3/01/31 (Alternative Minimum Tax)             
      Education and Civic Organizations - 25.4% (16.8% of Total Investments)           
  3,000    Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Carnegie Mellon    3/12 at 100.00    AA-  3,123,780 
      University, Series 2002, 5.125%, 3/01/32           
  975    Allegheny County Higher Education Building Authority, Pennsylvania, College Revenue Bonds, Robert    2/06 at 102.00    Baa3  1,003,197 
      Morris College, Series 1996A, 6.250%, 2/15/26           
  200    Allegheny County Higher Education Building Authority, Pennsylvania, College Revenue Refunding    No Opt. Call    Baa3  222,960 
      Bonds, Robert Morris College, Series 1998A, 6.000%, 5/01/28           
  2,000    Allegheny County Higher Education Building Authority, Pennsylvania, College Revenue Bonds, Chatham    9/08 at 102.00    BBB  2,050,380 
      College, Series 1998A, 5.250%, 9/01/18           
  2,000    Chester County Industrial Development Authority, Pennsylvania, Educational Facilities Revenue    1/12 at 100.00    AAA  2,075,360 
      Bonds, Westtown School, Series 2002, 5.000%, 1/01/26 - AMBAC Insured           
  3,000    Delaware County Authority, Pennsylvania, Revenue Bonds, Haverford College, Series 2000, 5.750%,    11/10 at 101.00    AA  3,318,900 
      11/15/29           
  1,315    Delaware County Authority, Pennsylvania, Revenue Refunding Bonds, Villanova University, Series    8/13 at 100.00    AAA  1,437,519 
      2003, 5.250%, 8/01/18 - FGIC Insured           
      Delaware County Authority, Pennsylvania, Revenue Bonds, Villanova University, Series 2005:           
  1,000    5.000%, 8/01/12 - MBIA Insured    No Opt. Call    AAA  1,085,390 
  1,240    5.000%, 8/01/13 - MBIA Insured    No Opt. Call    AAA  1,346,975 
  1,305    5.000%, 8/01/16 - MBIA Insured    8/15 at 100.00    AAA  1,417,387 
  1,000    Harveys Lake General Municipal Authority, Pennsylvania, College Revenue Bonds, College of    11/09 at 100.00    A  1,064,770 
      Misericordia Project, Series 1999, 6.000%, 5/01/19 - ACA Insured           
      Indiana County Industrial Development Authority, Pennsylvania, Revenue Bonds, Student Cooperative           
      Association Inc./Indiana University of Pennsylvania - Student Union Project, Series 1999B:           
  815    0.000%, 11/01/15 - AMBAC Insured    No Opt. Call    AAA  532,847 
  815    0.000%, 11/01/16 - AMBAC Insured    No Opt. Call    AAA  506,881 
  815    0.000%, 11/01/17 - AMBAC Insured    No Opt. Call    AAA  481,624 
  815    0.000%, 11/01/18 - AMBAC Insured    No Opt. Call    AAA  456,995 
  815    0.000%, 11/01/19 - AMBAC Insured    No Opt. Call    AAA  434,232 
  8,000    Pennsylvania Higher Education Assistance Agency, Capital Acquisition Revenue Refunding Bonds,    11/11 at 100.00    Aaa  8,272,960 
      Series 2001, 5.000%, 12/15/30 - MBIA Insured           
  2,000    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania,    7/15 at 100.00    AA  2,088,840 
      Series 2005C, 5.000%, 7/15/38           
  3,450    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania,    No Opt. Call    AA  3,773,714 
      Series 2005A, 5.000%, 9/01/14           
  5,000    Pennsylvania Higher Educational Facilities Authority, General Revenue Bonds, State System of Higher    6/12 at 100.00    Aaa  5,345,650 
      Education, Series 2002W, 5.000%, 6/15/19 - AMBAC Insured           
  1,000    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Thomas Jefferson University,    1/13 at 100.00    A1  1,045,060 
      Series 2002, 5.000%, 1/01/20           
  2,945    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Ursinus College, Series 2003,    7/13 at 100.00    AA  3,143,640 
      5.375%, 1/01/20 - RAAI Insured             
  5,000    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Moravian College, Series 2001,    7/11 at 100.00    AA    5,211,500 
      5.375%, 7/01/31 - RAAI Insured             
  2,000    Pennsylvania State University, General Obligation Refunding Bonds, Series 2002, 5.250%, 8/15/12    No Opt. Call    AA    2,208,020 
      Pennsylvania State University, General Revenue Bonds, Series 2005:             
  1,040    5.000%, 9/01/14    No Opt. Call    AA    1,137,583 
  1,560    5.000%, 9/01/15    No Opt. Call    AA    1,708,325 
  6,000    Swarthmore Borough Authority, Pennsylvania, Swarthmore College Revenue Bonds, Series 1998, 5.000%,    9/08 at 100.00    AA+    6,104,520 
      9/15/28             
      Union County, Higher Education Facilities Financing Authority, Pennsylvania, Revenue Bonds,             
      Bucknell University, Series 2002A:             
  1,665    5.250%, 4/01/18    4/13 at 100.00    Aa3    1,795,952 
  1,000    5.250%, 4/01/20    4/13 at 100.00    Aa3    1,089,800 
  105    Wilkes-Barre General Municipal Authority, Pennsylvania, College Revenue Refunding Bonds, College of    12/05 at 100.00    N/R    105,345 
      Misericordia, Series 1992B, 7.750%, 12/01/12             
 
      Healthcare - 10.2% (6.8% of Total Investments)             
  1,555    Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Ohio Valley General    4/15 at 100.00    Baa2    1,562,075 
      Hospital, Series 2005A, 5.125%, 4/01/35               
  1,115    Erie County Hospital Authority, Pennsylvania, Revenue Bonds, Hamot Health Foundation, Series 2002,    11/12 at 100.00    AAA    1,201,859 
      5.250%, 11/01/15 - AMBAC Insured             
  1,250    Lehigh County General Purpose Authority, Pennsylvania, Revenue Bonds, Good Shepherd Group, Series    11/14 at 100.00    A    1,315,175 
      2004A, 5.500%, 11/01/24             
  2,500    Lehigh County General Purpose Authority, Pennsylvania, Hospital Revenue Bonds, St. Luke's Hospital    8/13 at 100.00    BBB    2,588,225 
      of Bethlehem, Series 2003, 5.375%, 8/15/33             
  9,000    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, UPMC Health System, Series    1/11 at 101.00    Aa3    9,866,790 
      2001A, 6.000%, 1/15/31             
  2,360    Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania    8/15 at 100.00    AAA    2,557,886 
      Health Services, Series 2005B, 5.000%, 8/15/16 - FGIC Insured             
  1,225    Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Hospital Revenue    11/05 at 100.00    BBB    1,235,903 
      Bonds, Temple University Hospital, Series 1993A, 6.625%, 11/15/23             
  1,615    Sayre Health Care Facility Authority, Pennsylvania, Revenue Bonds, Latrobe Area Hospital, Series    7/12 at 100.00    AAA    1,753,228 
      2002A, 5.250%, 7/01/13 - AMBAC Insured             
      Southcentral Pennsylvania General Authority, Revenue Bonds, Hanover Hospital Inc., Series 2005:             
  525    5.000%, 12/01/27 (WI, settling 10/12/05) - RAAI Insured    12/15 at 100.00    AA    544,031 
  370    5.000%, 12/01/29 (WI, settling 10/12/05) - RAAI Insured    12/15 at 100.00    AA    381,892 
  960    St. Mary Hospital Authority, Pennsylvania, Health System Revenue Bonds, Catholic Health East,    11/14 at 100.00    A1    1,008,749 
      Series 2004B, 5.375%, 11/15/34             
  1,500    West Shore Area Hospital Authority, Cumberland County, Pennsylvania, Hospital Revenue Bonds, Holy    1/12 at 100.00    BBB+    1,619,100 
      Spirit Hospital of the Sisters of Christian Charity Project, Series 2001, 6.250%, 1/01/32             
 
      Housing/Multifamily - 0.7% (0.5% of Total Investments)             
  800    Philadelphia Authority for Industrial Development, Pennsylvania, Multifamily Housing Revenue Bonds,    5/15 at 102.00    Baa2    809,144 
      Presbyterian Homes Germantown - Morrisville Project, Series 2005A, 5.625%, 7/01/35             
  900    Pittsburgh Urban Redevelopment Authority, Pennsylvania, Mortgage Revenue Bonds, Series 1992C,    2/06 at 100.00    A2    901,080 
      7.125%, 8/01/13 (Alternative Minimum Tax)             
 
      Housing/Single Family - 1.3% (0.9% of Total Investments)             
  2,140    Pittsburgh Urban Redevelopment Authority, Pennsylvania, Mortgage Revenue Bonds, Series 2001B,    10/11 at 100.00    AAA    2,209,208 
      5.450%, 10/01/32 (Alternative Minimum Tax)             
  960    Pittsburgh Urban Redevelopment Authority, Pennsylvania, Mortgage Revenue Bonds, Series 1997A,    4/07 at 102.00    AAA    971,789 
      6.250%, 10/01/28 (Alternative Minimum Tax)             
      Industrials - 4.4% (2.9% of Total Investments)            
  5,000    Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Amtrak   5/11 at 101.00    A3    5,407,200 
      Project, Series 2001A, 6.375%, 11/01/41 (Alternative Minimum Tax)            
  5,000    Pennsylvania Industrial Development Authority, Economic Development Revenue Bonds, Series 2002,   No Opt. Call    AAA    5,569,450 
      5.500%, 7/01/12 - AMBAC Insured            
 
      Long-Term Care - 2.6% (1.7% of Total Investments)            
  1,500    Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Presbyterian Homes Inc., Series   12/12 at 100.00    AA    1,532,520 
      2003A, 5.000%, 12/01/26 - RAAI Insured            
  3,225    Montgomery County Higher Education and Health Authority, Pennsylvania, Mortgage Revenue Bonds,   1/06 at 101.00    BBB    3,265,184 
      Waverly Heights Ltd., Series 1996, 6.375%, 1/01/26            
  1,500    Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Philadelphia   7/11 at 101.00    AAA    1,589,880 
      Corporation for the Aging Project, Series 2001B, 5.250%, 7/01/26 - AMBAC Insured              
  230    Philadelphia Authority for Industrial Development, Pennsylvania, Health Care Facilities Revenue   5/08 at 102.00    N/R    234,308 
      Bonds, Paul's Run, Series 1998A, 5.875%, 5/15/28            
 
      Materials - 0.7% (0.5% of Total Investments)            
  1,750    Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, National   11/08 at 102.00    N/R    1,857,660 
      Gypsum Company, Series 1997B, 6.125%, 11/01/27 (Alternative Minimum Tax)            
 
      Tax Obligation/General - 24.9% (16.5% of Total Investments)            
  4,000    Allegheny County, Pennsylvania, General Obligation Bonds, Series 2005C-57, 5.250%, 11/01/13 - FGIC   No Opt. Call    AAA    4,434,160 
      Insured            
  1,800    Allegheny County, Pennsylvania, General Obligation Bonds, Series 2000C-53, 5.250%, 11/01/20 - FGIC   5/11 at 100.00    AAA    1,931,130 
      Insured            
  1,640    Bensalem Township, Pennsylvania, General Obligation Bonds, Series 2004, 5.000%, 12/01/13 - FGIC   No Opt. Call    Aaa    1,790,257 
      Insured            
  1,790    Bucks County, Pennsylvania, General Obligation Bonds, Series 2005, 5.000%, 6/01/17 (WI, settling   6/15 at 100.00    Aa2    1,927,060 
      10/18/05)             
  1,200    Butler County, Pennsylvania, General Obligation Bonds, Series 2004, 5.000%, 7/15/16 - FGIC Insured   7/14 at 100.00    AAA    1,300,632 
  2,200    Central Bucks County School District, Pennsylvania, General Obligation Bonds, Series 2003, 5.000%,   5/13 at 100.00    Aaa    2,319,152 
      5/15/23 - MBIA Insured            
  1,000    Delaware County, Pennsylvania, General Obligation Bonds, Series 1999, 5.125%, 10/01/19   10/09 at 100.00    AA    1,061,160 
  2,345    Delaware County, Pennsylvania, General Obligation Bonds, Series 2005, 5.000%, 10/01/20 (WI,   10/15 at 100.00    AA    2,515,763 
      settling 10/12/05)            
  7,500    Montgomery County, Pennsylvania, General Obligation Bonds, Series 1999, 5.000%, 7/15/24   7/09 at 100.00    Aaa    7,838,850 
  1,000    New Castle Area School District, Lawrence County, Pennsylvania, General Obligation Bonds, Series   3/10 at 100.00    AAA    1,084,800 
      2000, 5.600%, 3/01/25 - MBIA Insured            
  1,025    Norristown Area School District, Montgomery County, Pennsylvania, General Obligation Bonds, Series   3/13 at 100.00    Aaa    1,093,122 
      2003, 5.000%, 9/01/19 - FGIC Insured            
  2,500    North Pocono School District, Lackawanna County, Pennsylvania, General Obligation Bonds, Series   9/15 at 100.00    Aaa    2,726,175 
      2005A, 5.000%, 9/15/16 - FGIC Insured            
  4,000    Pennsylvania, General Obligation Bonds, Third Series 2004, 5.000%, 9/01/12   No Opt. Call    AA    4,364,480 
      Pennsylvania, General Obligation Refunding Bonds, Second Series 2002:            
  4,000    5.000%, 10/01/11 - FGIC Insured   No Opt. Call    AAA    4,347,120 
  1,620    5.250%, 10/01/14 - FGIC Insured   No Opt. Call    AAA    1,810,123 
      Philadelphia, Pennsylvania, General Obligation Bonds, Series 2003A:            
  1,000    5.000%, 2/15/12 - XLCA Insured   No Opt. Call    AAA    1,075,540 
  2,585    5.250%, 2/15/13 - XLCA Insured   No Opt. Call    AAA    2,826,594 
  2,725    Pittsburgh, Pennsylvania, General Obligation Bonds, Series 2005A, 5.000%, 9/01/11 - MBIA Insured    No Opt. Call    AAA    2,933,463 
  3,000    Pittsburgh School District, Allegheny County, Pennsylvania, General Obligation Refunding Bonds,    No Opt. Call    AAA    3,405,360 
      Series 2002A, 5.500%, 9/01/15 - FSA Insured             
  3,390    Pocono Mountain School District, Monroe County, Pennsylvania, General Obligation Bonds, Series    2/13 at 100.00    Aaa    3,649,369 
      2003, 5.000%, 2/15/15 - FGIC Insured             
  1,590    Red Lion Area School District, York County, Pennsylvania, General Obligation Bonds, Series 2001,    10/11 at 100.00    Aaa    1,685,941 
      5.000%, 4/15/20 - FSA Insured               
  445    State Public School Building Authority, Pennsylvania, School Revenue Bonds, Conneaut School    11/13 at 100.00    AAA    486,950 
      District, Series 2003, 5.250%, 11/01/21 - FGIC Insured             
  1,465    Stroudsburg Area School District, Monroe County, Pennsylvania, General Obligation Bonds, Series    4/12 at 100.00    AAA    1,565,543 
      2001A, 5.000%, 4/01/18 - FSA Insured             
  4,020    Upper Merion Area School District, Montgomery County, Pennsylvania, General Obligation Bonds,    2/13 at 100.00    Aa2    4,375,489 
      Series 2003, 5.250%, 2/15/19             
 
      Tax Obligation/Limited - 22.1% (14.6% of Total Investments)             
  5,000    Allegheny County Industrial Development Authority, Pennsylvania, Revenue Bonds, Guaranteed County    11/12 at 100.00    AAA    5,289,600 
      Building Project, Series 2002A, 5.000%, 11/01/22 - MBIA Insured             
      Allegheny County Port Authority, Pennsylvania, Special Transportation Revenue Bonds, Series 2001:             
  1,000    5.500%, 3/01/17 - FGIC Insured    3/11 at 101.00    AAA    1,100,280 
  3,500    5.000%, 3/01/29 - FGIC Insured    3/11 at 101.00    AAA    3,625,125 
  6,000    Delaware Valley Regional Finance Authority, Pennsylvania, Local Government Revenue Bonds, Series    No Opt. Call    AA-    6,816,420 
      2002, 5.750%, 7/01/17             
  8,725    Pennsylvania Intergovernmental Cooperative Authority, Special Tax Revenue Refunding Bonds,    6/09 at 100.00    AAA    8,869,661 
      Philadelphia Funding Program, Series 1999, 4.750%, 6/15/23 - FGIC Insured             
      Pennsylvania Turnpike Commission, Oil Franchise Tax Senior Lien Revenue Bonds, Series 2003A:             
  1,500    5.250%, 12/01/15 - MBIA Insured    12/13 at 100.00    AAA    1,651,440 
  2,600    5.250%, 12/01/17 - MBIA Insured    12/13 at 100.00    AAA    2,856,750 
  2,125    5.250%, 12/01/18 - MBIA Insured    12/13 at 100.00    AAA    2,330,169 
  1,000    5.250%, 12/01/19 - MBIA Insured    12/13 at 100.00    AAA    1,095,080 
  10,935    Philadelphia Authority for Industrial Development, Pennsylvania, Lease Revenue Bonds, Series 2001B,    10/11 at 101.00    AAA    11,587,929 
      5.250%, 10/01/30 - FSA Insured             
  2,700    Philadelphia Municipal Authority, Pennsylvania, Lease Revenue Bonds, Series 2003B, 5.250%,    11/13 at 100.00    AAA    2,907,765 
      11/15/17 - FSA Insured             
  4,000    Pittsburgh and Allegheny Counties Public Auditorium Authority, Pennsylvania, Sales Tax Revenue    8/09 at 101.00    AAA    4,160,720 
      Bonds, Regional Asset District, Series 1999, 5.000%, 2/01/29 - AMBAC Insured             
  1,090    Pittsburgh Urban Redevelopment Authority, Pennsylvania, Tax Increment Financing District Bonds,    5/09 at 100.00    A2    1,160,022 
      Center Triangle Project, Series 1999A, 6.100%, 5/01/19             
  1,800    Southeastern Transportation Authority, Pennsylvania, Special Revenue Bonds, Series 1999A, 5.250%,    3/09 at 101.00    AAA    1,921,734 
      3/01/16 - FGIC Insured             
 
      Transportation - 11.2% (7.4% of Total Investments)             
  630    Delaware River Joint Toll Bridge Commission, Pennsylvania and New Jersey, Revenue Bonds, Series    7/13 at 100.00    A2    680,268 
      2003, 5.250%, 7/01/17             
  2,035    Lehigh-Northampton Airport Authority, Pennsylvania, Airport Revenue Bonds, Lehigh Valley Airport    5/10 at 100.00    Aaa    2,212,798 
      System, Series 2000A, 6.000%, 5/15/30 (Alternative Minimum Tax) - MBIA Insured             
  5,400    Pennsylvania Economic Development Financing Authority, Revenue Bonds, Amtrak 30th Street Station    6/12 at 102.00    A    5,809,104 
      Parking Garage, Series 2002, 5.800%, 6/01/23 (Alternative Minimum Tax) - ACA Insured             
      Pennsylvania Turnpike Commission, Registration Fee Revenue Bonds, Series 2005A:             
  1,800    5.250%, 7/15/16 - FSA Insured    No Opt. Call    AAA    2,016,486 
  4,000    5.250%, 7/15/19 - FSA Insured    No Opt. Call    AAA    4,500,920 
  2,200    Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2001R, 5.000%, 12/01/30 - AMBAC    12/11 at 101.00    AAA    2,296,426 
      Insured            
  5,000    Philadelphia Airport System, Pennsylvania, Revenue Bonds, Series 2001B, 5.250%, 6/15/31   6/11 at 101.00    AAA    5,198,600 
      (Alternative Minimum Tax) - FGIC Insured            
  3,250    Philadelphia Parking Authority, Pennsylvania, Airport Parking Revenue Bonds, Series 1999, 5.250%,   9/09 at 101.00    AAA    3,444,643 
      9/01/29 - FSA Insured            
  1,885    Pittsburgh Public Parking Authority, Pennsylvania, Parking System Revenue Refunding Bonds, Series   No Opt. Call    AAA    2,056,573 
      2002, 5.000%, 12/01/12 - AMBAC Insured            
 
      U.S. Guaranteed *** - 22.4% (14.8% of Total Investments)            
  3,550    Allegheny County, Pennsylvania, General Obligation Bonds, Series 2000C-52, 5.250%, 11/01/23   5/11 at 100.00    AAA    3,884,872 
      (Pre-refunded to 5/01/11) - FGIC Insured            
  1,320    Allegheny County, Pennsylvania, General Obligation Refunding Bonds, Series 2000C-53, 5.250%,   5/11 at 100.00    AAA    1,444,516 
      11/01/20 (Pre-refunded to 5/01/11) - FGIC Insured            
  1,355    Bucks County, Pennsylvania, Bensalem Township School District, General Obligation Bonds, Series   7/06 at 100.00    AAA    1,386,450 
      1996, 5.850%, 7/15/12 (Pre-refunded to 7/15/06) - FGIC Insured            
  830    Delaware River Joint Toll Bridge Commission, Pennsylvania and New Jersey, Revenue Bonds, Series   7/13 at 100.00    A2***    914,502 
      2003, 5.250%, 7/01/17 (Pre-refunded to 7/01/13)            
  5,000    Erie, Pennsylvania, Water Authority, Water Revenue Bonds, Series 2001A, 5.200%, 12/01/30   12/11 at 100.00    AAA    5,486,650 
      (Pre-refunded to 12/01/11) - MBIA Insured            
  6,275    Hempfield Area School District, Westmoreland County, Pennsylvania, General Obligation Bonds, Series   2/12 at 100.00    AAA    6,936,134 
      2002, 5.375%, 2/15/18 (Pre-refunded to 2/15/12) - FGIC Insured            
  1,450    Indiana County Industrial Development Authority, Pennsylvania, Revenue Bonds, Student Cooperative   11/06 at 100.00    AAA    1,495,356 
      Association Inc./Indiana University of Pennsylvania - Student Union Project, Series 1999A, 5.875%,            
      11/01/29 (Pre-refunded to 11/01/06) - AMBAC Insured            
  925    Moon Area School District, Allegheny County, Pennsylvania, General Obligation Bonds, Series 2004,   No Opt. Call    AAA    1,021,968 
      5.250%, 11/15/12 - FSA Insured            
  3,650    Pennsylvania Turnpike Commission, Registration Fee Revenue Bonds, Series 2001, 5.000%, 7/15/41   7/11 at 101.00    AAA    3,984,924 
      (Pre-refunded to 7/15/11) - AMBAC Insured            
  790    Philadelphia Gas Works, Pennsylvania, Revenue Bonds, Twelfth Series 1990B, 7.000%, 5/15/20 - MBIA   No Opt. Call    AAA    963,768 
      Insured            
  3,400    Philadelphia School District, Pennsylvania, General Obligation Bonds, Series 2002B, 5.625%,   8/12 at 100.00    AAA    3,824,286 
      8/01/18 (Pre-refunded to 8/01/12) - FGIC Insured            
  6,100    Plum Borough School District, Allegheny County, Pennsylvania, General Obligation Bonds, Series   9/11 at 100.00    AAA    6,655,161 
      2001, 5.250%, 9/15/30 (Pre-refunded to 9/15/11) - FGIC Insured            
  785    State Public School Building Authority, Pennsylvania, School Revenue Bonds, Conneaut School   11/13 at 100.00    AAA    871,774 
      District, Series 2003, 5.250%, 11/01/21 (Pre-refunded to 11/01/13) - FGIC Insured            
  2,000    Sto Rox School District, Allegheny County, Pennsylvania, General Obligation Bonds, Series 2000,   12/10 at 100.00    AAA    2,237,860 
      5.800%, 6/15/30 (Pre-refunded to 12/15/10) - MBIA Insured            
  3,000    Warrington Township Municipal Authority, Bucks County, Pennsylvania, Water and Sewer Revenue Bonds,   11/15 at 100.00    AAA    3,733,560 
      Series 1991, 7.100%, 12/01/21 (Pre-refunded to 11/15/15) - FGIC Insured            
  5,450    West View Borough Municipal Authority, Allegheny County, Pennsylvania, Special Obligation Bonds,   No Opt. Call    AAA    7,119,172 
      Series 1985A, 9.500%, 11/15/14            
      Wilkes-Barre Area School District, Luzerne County, Pennsylvania, General Obligation Bonds, Series            
      2003A:            
  1,700    5.250%, 4/01/19 (Pre-refunded to 4/01/14) - MBIA Insured   4/14 at 100.00    AAA    1,887,459   
  2,050    5.250%, 4/01/20 (Pre-refunded to 4/01/14) - MBIA Insured   4/14 at 100.00    AAA    2,276,054 
 
      Utilities - 9.3% (6.2% of Total Investments)            
  1,250    Allegheny County Industrial Development Authority, Pennsylvania, Pollution Control Revenue   No Opt. Call    AAA    1,303,638 
      Refunding Bonds, Duquesne Light Company, Series 1999A, 4.350%, 12/01/13 - AMBAC Insured            
  1,820    Beaver Falls Municipal Authority, Pennsylvania, Water and Hydroelectric Revenue Bonds, Series   No Opt. Call    AAA    1,978,558 
      2002A, 5.000%, 6/01/12 - AMBAC Insured             
  2,320    Carbon County Industrial Development Authority, Pennsylvania, Resource Recovery Revenue Refunding    No Opt. Call    BBB-    2,510,843 
      Bonds, Panther Creek Partners Project, Series 2000, 6.650%, 5/01/10 (Alternative Minimum Tax)             
  2,430    Lehigh County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds,    2/15 at 100.00    AAA    2,469,415 
      Pennsylvania Power and Light Company, Series 2005, 4.750%, 2/15/27 - FGIC Insured             
  3,500    Montgomery County Industrial Development Authority, Pennsylvania, Resource Recovery Revenue    No Opt. Call    AAA    3,854,200 
      Refunding Bonds, Montgomery County Montenay Project, Series 2002A, 5.250%, 11/01/13 - MBIA Insured             
  2,000    Philadelphia Gas Works, Pennsylvania, Revenue Bonds, General Ordinance, Seventeenth Series 2003,    7/13 at 100.00    AAA    2,172,600 
      5.375%, 7/01/19 - FSA Insured             
  700    Philadelphia Gas Works, Pennsylvania, Revenue Bonds, General Ordinance, Fifth Series 2004A-1,    9/14 at 100.00    AAA    728,847 
      5.000%, 9/01/26 - FSA Insured               
  680    Philadelphia Gas Works, Pennsylvania, Revenue Bonds, Eighteenth Series 2004, 5.000%, 8/01/13 - AGC    No Opt. Call    AAA    733,863 
      Insured             
  3,500    Philadelphia Gas Works, Pennsylvania, Revenue Bonds, General Ordinance, Sixteenth Series 1999,    7/09 at 101.00    AAA    3,781,750 
      5.500%, 7/01/13 - FSA Insured             
  3,700    York County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding    3/12 at 101.00    Baa1    3,911,825 
      Bonds, PSEG Power Project, Series 2001A, 5.500%, 9/01/20             
      Water and Sewer - 15.3% (10.1% of Total Investments)             
  2,205    Bethlehem Authority, Northhampton and Lehigh Counties, Pennsylvania, Guaranteed Water Revenue    11/14 at 100.00    AAA    2,355,557 
      Bonds, Series 2004, 5.000%, 11/15/20 - FSA Insured             
  1,000    Bucks County Water and Sewerage Authority, Pennsylvania, Collection System Revenue Bonds, Series    12/06 at 100.00    AAA    1,027,940 
      1996, 5.550%, 12/01/17 - FGIC Insured             
      Bucks County Water and Sewerage Authority, Pennsylvania, Sewerage System Revenue Bonds, Neshaminy             
      Interceptor Project, Series 2004:             
  655    5.250%, 6/01/14 - FSA Insured    No Opt. Call    AAA    727,522 
  530    5.250%, 6/01/15 - FSA Insured    No Opt. Call    AAA    590,219 
  5,000    Delaware County Industrial Development Authority, Pennsylvania, Water Facilities Revenue Bonds,    10/12 at 100.00    AAA    5,249,200 
      Philadelphia Water Company, Series 2001, 5.350%, 10/01/31 (Alternative Minimum Tax) - AMBAC             
      Insured             
      Delaware County Regional Water Quality Control Authority, Pennsylvania, Sewerage Revenue Bonds,             
      Series 2001A:             
  5,325    5.100%, 5/01/20 - FGIC Insured    11/11 at 100.00    AAA    5,693,650 
  1,465    5.100%, 5/01/21 - FGIC Insured    11/11 at 100.00    AAA    1,566,420 
  1,400    Delaware County Regional Water Quality Control Authority, Pennsylvania, Sewerage Revenue Bonds,    5/14 at 100.00    Aaa    1,523,410 
      Series 2004, 5.250%, 5/01/20 - MBIA Insured             
  2,000    Harrisburg Authority, Dauphin County, Pennsylvania, Water Revenue Refunding Bonds, Series 2004,    7/14 at 100.00    AAA    2,114,220 
      5.000%, 7/15/22 - FSA Insured             
  1,540    Hempfield Township Municipal Authority, Westmoreland County, Pennsylvania, Guaranteed Sewerage    No Opt. Call    Aaa    1,686,421 
      Revenue Bonds, Series 2005, 5.000%, 9/01/15 - FSA Insured             
  1,250    Lancaster Area Sewerage Authority, Pennsylvania, Sewerage Revenue Bonds, Series 2004, 5.000%,    4/14 at 100.00    AAA    1,329,611 
      4/01/20 - MBIA Insured             
  1,000    Lower Bucks County Joint Municipal Authority, Pennsylvania, Water and Sewerage Revenue Bonds,    11/08 at 100.00    Aaa    1,049,900 
      Series 1998, 5.000%, 11/15/15 - FSA Insured             
      Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, Series 2001A:             
  5,525    5.375%, 11/01/20 - FGIC Insured    11/12 at 100.00    AAA    6,043,022 
  5,000    5.000%, 11/01/31 - FGIC Insured    11/12 at 100.00    AAA    5,185,350 
  2,150    Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, Series 2005A, 5.000%, 7/01/23 -    7/15 at 100.00    AAA    2,278,397 
      FSA Insured             
$   353,445    Total Long-Term Investments (cost $360,160,118) - 150.9%            378,800,301 
      Other Assets Less Liabilities - 1.7%            4,218,623 
    Preferred Shares, at Liquidation Value - (52.6)%        (132,000,000 ) 
        Net Assets Applicable to Common Shares - 100%           $ 251,018,924  

(1 )    All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares 
    unless otherwise noted. 
*     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. 
**     Ratings: Using the higher of Standard & Poor's or Moody's rating. 
***     Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency 
    securities which ensures the timely payment of principal and interest. Such securities are normally considered 
    to be equivalent to AAA rated securities. 
N/R     Investment is not rated. 
(WI)     Security purchased on a when-issued basis. 

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 and timing differences in recognizing certain gains and losses on investment transactions.

At September 30, 2005, the cost of investments was $360,150,640.

Gross unrealized appreciation and gross unrealized depreciation of investments at September 30, 2005, were as follows:
Gross unrealized:       
   Appreciation    $   19,216,772  
   Depreciation      (567,111 ) 
Net unrealized appreciation of investments    $   18,649,661  

Item 2. Controls and Procedures.

  1. 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)).
  2. 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: 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 Investment Quality Municipal Fund, Inc.        

By (Signature and Title)*          /s/ Jessica R. Droeger                     
                                                    Jessica R. Droeger
                                                    Vice President and Secretary

Date         11/29/05        

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/ Gifford R. Zimmerman                    
                                                   Gifford R. Zimmerman
                                                   Chief Administrative Officer (principal executive officer) 

Date         11/29/05        

By (Signature and Title)*         /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                   Vice President and Controller (principal financial officer) 

Date         11/29/05        

* Print the name and title of each signing officer under his or her signature.