Nuveen California Quality Municipal Income Fund (NAC)

NYSE: NAC · Real-Time Price · USD
11.87
-0.03 (-0.25%)
Oct 4, 2024, 4:00 PM EDT - Market closed
-0.25%
Market Value 1.72B
Revenue (ttm) 135.37M
Net Income (ttm) 111.39M
Shares Out 144.74M
EPS (ttm) 0.77
PE Ratio 15.42
Forward PE n/a
Dividend $0.88 (7.43%)
Ex-Dividend Date Oct 15, 2024
Volume 458,185
Open 11.84
Previous Close 11.90
Day's Range 11.82 - 11.87
52-Week Range 9.32 - 12.03
Beta 0.48
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]

Sector Financials
Founded 1998
Country United States
Stock Exchange NYSE
Ticker Symbol NAC
Full Company Profile

News

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...

19 days ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

Other symbols: JFRJGHJLSJMMJPCJPIJQC
4 months ago - Business Wire

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Other symbols: BKTCBHCCIFCMUCXECXHDHF
7 months ago - Seeking Alpha

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...

Other symbols: JFRJGHJLSJMMJPCJPIJQC
11 months ago - Business Wire

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...

11 months ago - Seeking Alpha

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...

Other symbols: NADNANNAZNCANEANIMNKX
1 year ago - Business Wire

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...

Other symbols: MUC
1 year ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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)...

Other symbols: NAZNEANKXNUWNVG
4 years ago - Business Wire