Nuveen California Quality Municipal Income Fund (NAC)
| Market Value | 1.63B |
| Revenue (ttm) | 135.13M |
| Net Income (ttm) | 153.28M |
| Shares Out | 144.72M |
| EPS (ttm) | 1.06 |
| PE Ratio | 10.61 |
| Forward PE | n/a |
| Dividend | $0.75 (6.70%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 623,619 |
| Open | 11.22 |
| Previous Close | 11.24 |
| Day's Range | 11.18 - 11.35 |
| 52-Week Range | 10.60 - 12.03 |
| Beta | 0.49 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About NAC
Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invests in securities that are rated Baa or BBB or better by Moody’s Investors Service, Inc. or Standard &... [Read more]
News
NAC: Recent Pullback Makes Me A Bull Going Into 2025 (Rating Upgrade)
Evaluating Nuveen California Quality Municipal Income Fund as a "buy" due to its widened discount to NAV and improved outlook. The tax equivalent yield on this fund is significant, especially for high...
NAC: Quick, Sharp Gain Leads Me To A More Cautious Stance (Rating Downgrade)
I previously recommended NAC in June, anticipating a muni sector rebound, which has proven accurate. Going forward, I think gains will be more modest. The fund offers value for investors seeking tax-e...
NAC: Income Boost A Nice Tailwind For This California Muni CEF
I continue to view munis as a reasonable equity hedge and see an opportunity in California munis in particular. NAC has recently seen a sharp income boost and is managed by Nuveen, a popular player in...
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare fo...
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trust...
NAC: Betting On A Fed Pivot
The Nuveen California Quality Municipal Income Fund is a closed-end fund trading at a discount to net asset values of around 13.88%. The NAC fund focuses on municipal securities in California, which a...
Nuveen Municipal Closed-End Funds Announce Distribution Updates
NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of certain Nuveen municipal closed-end funds declared regular monthly distribution rates and updated certain distribution policies. Additionally...
MUC Vs. NAC: Comparing California Quality Muni Funds
The BlackRock MuniHoldings California Quality Fund invests primarily in a portfolio of long-term investment-grade municipal obligations, the interest on which is exempt from Federal and California inc...
NAC: Cali Munis Have Some Merit At These Levels
Cali munis are well supported in terms of credit risk and liquidity. This has been led by a macro-recovery, strong tax receipts, and a budget surplus. NAC, in particular, looks nice because of its und...
Certain Nuveen Closed-End Funds Announce the Board’s Approval of Amended and Restated By-Laws of the Funds
NEW YORK--(BUSINESS WIRE)--Nuveen: Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG), Nuveen AMT-Free Municipal Value Fund (NYSE: NUW), Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA)...