Sit Investment Associates Inc. Reports 8.1% Stake in Nuveen Pennsylvania Quality Municipal Income Fund

Sit Investment Associates, Inc. (SIA) and its subsidiary, Sit Fixed Income Advisors II, LLC (SFI), have filed a Schedule 13G regarding their holdings in Nuveen Pennsylvania Quality Municipal Income Fund (NQP). As of the event date on March 31, 2026, the filers reported aggregate beneficial ownership of 3,017,202 shares of common stock, representing 8.1% of the class. This filing marks a significant increase from a previous ownership position of 0.0%. The shares are held in various client accounts managed by SIA and SFI. While the reporting persons possess shared voting and dispositive power over these securities, they expressly disclaim beneficial ownership pursuant to Rule 13d-4. The calculation of the ownership percentage is based on 37,217,802 shares outstanding as of August 31, 2025. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.