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Nuveen California Quality Municipal Income Fund(NYSE) NAC

Current Price$11.84
Market Cap$1.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1999)+306%
5 Year+2%
1 Year+16%
1 Month-1%
Nuveen California Quality Municipal Income Fund last closing stock price
MetricPriceDate
Last closeUSD 11.832026-07-22
Nuveen California Quality Municipal Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.5%USD 12.012026-07-15
1 month-0.68%USD 11.912026-06-22
3 month+2.05%USD 11.592026-04-23
Year to date+4.52%USD 11.322025-12-31
1 year+16.12%USD 10.192025-07-22
3 year+33.81%USD 8.842023-07-21
5 year+1.7%USD 11.632021-07-23
Since inception+305.85%USD 2.911999-05-26

Nuveen California Quality Municipal Income Fund Financials at a Glance

Market Cap

$1.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$253.81M

Net Income (TTM)

-$32.00M

EPS (TTM)

$0.49

P/E Ratio

24.21

Dividend

$0.87

Beta (Volatility)

0.19 (Low)

Price

$11.84

Volume

0

Open

$11.87

Previous Close

$11.84

Daily Range

$11.84 - $11.88

52-Week Range

$10.90 - $12.25

Estimated Earnings Date

Dec 11, 2024

NAC News

No articles available.

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About Nuveen California Quality Municipal Income Fund

Nuveen California Quality Municipal Income Fund is a closed-end mutual fund focused on fixed-income investments, primarily in California's municipal securities. Established in 1998, the fund aims to provide tax-exempt income while targeting undervalued assets in the municipal market.

Products and Services
  • Invests in California municipal securities
  • Offers tax-exempt income from fixed-income investments
  • Managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC
Growth Outlook
  • Recent revenue of $64.39 million indicates strong market positioning
  • Quarterly net income improved to $2.91 million, showcasing recovery
  • Average maturity of 20.96 years supports long-term investment strategy
Financial Highlights
  • Trailing twelve-month dividend yield of 7.36% reflects attractive income potential
  • Market capitalization of approximately $1.84 billion indicates solid investor interest
  • Recent quarterly revenue growth of 5.5% demonstrates resilience in operations
The Nuveen California Quality Municipal Income Fund is strategically positioned to capitalize on California's municipal bond market, offering investors a unique opportunity for tax-exempt income. The fund's focus on high-quality, undervalued securities aligns with its long-term investment strategy, which is supported by a robust management team. Recent financial performance highlights a recovery trajectory, with improved net income and consistent revenue growth. The attractive dividend yield further enhances its appeal to income-focused investors. Overall, the fund represents a compelling option for those looking to invest in California's fixed-income landscape.
AI Generated • Jul 23, 2026

Industry

Capital Markets

Sector

Financials

Website

www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NAC

Headquarters

Chicago, IL 60606-1220, US

NAC Financials

Key Financial Metrics (TTM)

Gross Margin

86.22%

Operating Margin

-56.74%

Net Income Margin

-95.59%

Return on Equity

-7.34%

Return on Capital

-2.49%

Return on Assets

-4.16%

Earnings Yield

4.13%

Dividend Yield

7.39%

Payout Ratio

-53.94%

Stock Overview

Market Cap

$1.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

156.33M

Volume

0

Avg. Volume

507.45K

Financials (TTM)

Gross Profit

$219.02M

Operating Income

$71.35M

EBITDA

$127.52M

Operating Cash Flow

$111.46M

Capital Expenditure

$0.00

Free Cash Flow

$111.46M

Cash & ST Invst.

$23.60M

Total Debt

$1.21B

Nuveen California Quality Municipal Income Fund Performance Analysis

Nuveen California Quality Municipal Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-02-28USD 18,514,072-85.5%
20242024-02-29USD 118,924,762542.3%
20242024-08-31USD 130,120,126542.3%
20252025-08-31USD 123,694,496-4.9%
Nuveen California Quality Municipal Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-08-31-0.4%
Q42024-08-31-7.1%
Q42025-08-318.6%
Q22025-08-31-5.4%
Nuveen California Quality Municipal Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-02-28USD -1.98963.7%
20242024-02-29USD 0.77N/A
20242024-08-31USD 0.60N/A
20252025-08-31USD -0.81N/A
Nuveen California Quality Municipal Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-08-31-60.5%
Q42024-08-31N/A
Q42025-08-31102.4%
Q22025-08-31-376.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2025YOY CHG

Revenue

$59.30M

-12.4%

Gross Profit

$50.97M

-24.7%

Gross Margin

85.96%

N/A

Market Cap

$1.85BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

-$121.15M

-210.0%

EBITDA

-$98.02M

-169.8%

Quarterly Fundamentals

Name
Q2 2025YOY CHG

Total Cash

$23.60M

+16.8%

Total Debt

$1.21B

-1.2%

Accounts Receivable

$36.29M

+14.0%

Inventory

$0.00

N/A

Long Term Debt

$1.21B

-1.4%

Short Term Debt

$4.95M

+121.2%

Return on Assets

-4.16%

N/A

Return on Invested Capital

-2.48%

N/A

Free Cash Flow

$39.32M

+1562.3%

Operating Cash Flow

$39.32M

+1562.3%

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Questions About NAC

What is the current price of Nuveen California Quality Municipal Income Fund?

Nuveen California Quality Municipal Income Fund is trading at $11.84 per share.

What is the 52-week range for Nuveen California Quality Municipal Income Fund?

Over the past 52 weeks, Nuveen California Quality Municipal Income Fund has traded between $10.90 and $12.25.

How much debt does Nuveen California Quality Municipal Income Fund have?

As of the most recent reporting period, Nuveen California Quality Municipal Income Fund reported total debt of $1.21B.

How much cash does Nuveen California Quality Municipal Income Fund have on hand?

Nuveen California Quality Municipal Income Fund reported $0.00 in cash and cash equivalents in its most recent financial results.

What is Nuveen California Quality Municipal Income Fund’s dividend yield?

Nuveen California Quality Municipal Income Fund currently has a dividend yield of 7.39%.

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