AI brief of an SEC Form 8-K · NUVEEN VIRGINIA QUALITY MUNICIPAL INCOME FUND (NPV)

Nuveen Virginia Quality Municipal Income Fund suspends control share by-law

Neutral Impact 3 of 5 shareholder Written later

On February 24, 2022, the Fund's Board of Trustees adopted Amendment No. 1 to the by-laws, providing that the Control Share By-Law has no force while a February 18, 2022 U.S. District Court judgment in favor of Saba Capital Management is effective. The Board and the Funds intend to appeal the decision. The change affects how shareholders who acquire large blocks of common shares can exercise voting rights.

Key points

  • Board adopted Amendment No. 1 to the Amended and Restated By-Laws on February 24, 2022 (Exhibit 3.1).
  • On February 18, 2022, the District Court granted summary judgment to Saba Capital on its claims for rescission and declaratory judgment.
  • The Control Share By-Law would be automatically reinstated if the District Court judgment is reversed, overturned, vacated, stayed or otherwise nullified.
  • The Board and the Funds intend to appeal; Chair Terence J. Toth said the Board will exercise its rights on appeal.

The filing

CompanyNUVEEN VIRGINIA QUALITY MUNICIPAL INCOME FUND (NPV)
Form8-K, current report
Filed with the SECFeb 25, 2022, 6:24 AM ET
Accession number0001193125-22-053108

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2022.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.