SEC Form N-23C-2 filed by Nuveen Pennsylvania Quality Municipal Income Fund
Securities and Exchange Commission
Washington, DC 20549
Rule 23c-2 Notice of Intention to
Redeem Securities
of
Nuveen Pennsylvania Quality Municipal Income Fund
333 West Wacker Drive
Chicago, Illinois 60606
under the
Investment Company Act of 1940
Investment Company Act File No. 811-06265
The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission that it may redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the “Act”).
(1) | Title of the class of securities of Nuveen Pennsylvania Quality Municipal Income Fund (the “Fund”) to be redeemed: |
Preferred shares of the series indicated below (“Preferred Shares”):
Variable Rate Demand Preferred Shares (“VRDP Shares”), Liquidation Preference $100,000 per share, of one or more of the following series:
Series 2 (CUSIP #670972 603)
Series 3 (CUSIP #670972 702)
(2) | Date on which the securities are expected to be called or redeemed: |
Date | ||||
Preferred Shares |
During the period from April 19, 2024 to October 21, 2024 |
The Fund may redeem Preferred Shares on one or more different dates during the period set forth above, or on a subsequent date, and the redemption of any series in full may be effected on an
earlier date, in each case, due to market conditions or otherwise as determined by the Board of Trustees of the Fund.
(3) | Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed: |
The Series 2 and Series 3 VRDP Shares selected for redemption are to be redeemed pursuant to Section 10(a) of Part I of the applicable Statement Establishing and Fixing the Rights and Preferences of Variable Rate Demand Preferred Shares and Section 2.4(c) of the applicable Notice of Special Rate Period (Designating a Subsequent Rate Period as a Special Rate Period for Variable Rate Demand Preferred Shares).
(4) | The number of shares to be redeemed and the basis upon which the shares to be redeemed are to be selected: |
The Fund may redeem up to 1,450 of its currently outstanding Preferred Shares from one or more of Series 2 VRDP Shares or Series 3 VRDP Shares, as determined by the Fund. Within a series selected by the Fund for redemption in part, Preferred Shares of such series to be redeemed will be selected by lot (as determined by The Depository Trust Company).*
* The Fund may redeem up to the amount of Preferred Shares listed above, but may redeem less or none. A notice providing the final amount of Preferred Shares, if any, of each series to be redeemed by the Fund will be provided to the preferred shareholders of such series in accordance with the statement establishing and fixing the rights and preferences of the Preferred Shares of the applicable series of the Fund.
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SIGNATURE
Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 20th day of March, 2024.
NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND | ||||||
By: | /s/ Mark L. Winget |
|||||
Name: | Mark L. Winget | |||||
Title: | Vice President and Secretary |
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