Nuveen California Quality Municipal Income Fund
$11.83
$-0.01 (-0.08%)
Jan 5, 2026
Price History (1Y)
Analysis
The Nuveen California Quality Municipal Income Fund operates within the Financial Services sector and Asset Management industry. With a market capitalization of $1.74 billion, it is considered a significant player in its industry. The fund's financial health reveals an operating margin of 84.0%, indicating relatively stable profitability. However, the profit margin stands at -87.7%, suggesting that costs or expenses might be substantial compared to revenue. On the balance sheet side, the debt-to-equity ratio is 75.21, while cash reserves amount to $23.60 million against total debt of $1.21 billion. Valuation metrics show a price-to-book ratio of 1.07 and a price-to-sales ratio of 12.91. Notably, the fund offers a dividend yield of 745.0%, with a payout ratio of 61.7%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Nuveen California Quality Municipal Income Fund
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 & Poor's, and have an average maturity of 20.96 years. The fund employs fundamental analysis with a bottom-up approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) California Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen California Dividend Advantage Municipal Fund. Nuveen California Quality Municipal Income Fund was formed on December 1, 1998 and is domiciled in the United States.
Visit website →Key Statistics
- Market Cap
- $1.74B
- P/E Ratio
- N/A
- 52-Week High
- $12.25
- 52-Week Low
- $10.35
- Avg Volume
- 566.89K
- Beta
- 0.58
- Dividend Yield
- 745.00%
Company Info
- Industry
- Asset Management
- Exchange
- NYQ
- Country
- United States