NQP (Nuveen Pennsylvania Quality Municipalome Fund) Beta: N/A (As of Aug. 18, 2026)

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NQP Nuveen Pennsylvania Quality Municipal Income Fund NQP
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What is Nuveen Pennsylvania Quality Municipalome Fund Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-18), Nuveen Pennsylvania Quality Municipalome Fund's Beta is Not available.

Nuveen Pennsylvania Quality Municipalome Fund  (NYSE:NQP) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Nuveen Pennsylvania Quality Municipalome Fund Beta Related Terms

Nuveen Pennsylvania Quality Municipalome Fund Beta Historical Data

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The historical data trend for Nuveen Pennsylvania Quality Municipalome Fund's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Pennsylvania Quality Municipalome Fund Beta Chart

Nuveen Pennsylvania Quality Municipalome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Aug25
Beta
Get a 7-Day Free Trial 0.22 0.21 0.43 0.64 0.77

Nuveen Pennsylvania Quality Municipalome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.64 0.65 0.73 0.77
NQP
12GF Score
Nuveen Pennsylvania Quality Municipal Income Fund NQP
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Nuveen Pennsylvania Quality Municipalome Fund Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Nuveen Pennsylvania Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Pennsylvania Quality Municipal Income Fund is a closed-end fixed income mutual fund. The fund's investment objectives are (i) to provide current income exempt from regular federal income tax, the federal alternative minimum tax applicable to individuals and California income tax and (ii) to enhance portfolio value relative to the municipal bond market by investing in tax- exempt municipal securities that the Fund's investment adviser and/or the Fund's sub-adviser, believes are underrated or undervalued or that represent municipal market sectors that are undervalued. The fund prominenty invests in tax-exempt municipal bonds from Pennsylvania that are investment grade.
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