Symbols / NAC Stock $12.06 +0.04% Nuveen California Quality Municipal Income Fund

Financial Services • Asset Management • United States • NYQ
NAC (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Financial Services
Industry Asset Management
CEO
Exch · Country NYQ · United States
Market Cap 1.88B
Enterprise Value 2.94B
Income -118.24M
Sales 134.75M
FCF (ttm)
Book/sh 11.06
Cash/sh 0.16
Employees
Insider 10d
IPO May 26, 1999
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 61.69%
P/E
Forward P/E
PEG
P/S 13.99
P/B 1.09
P/C
EV/EBITDA
EV/Sales 21.85
Quick Ratio 1.41
Current Ratio 1.41
Debt/Eq 75.21
LT Debt/Eq
EPS (ttm) -0.18
EPS next Y
EPS Growth
Revenue Growth
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next)
Earnings (prior)
ROA
ROE
ROIC
Gross Margin 100.00%
Oper. Margin 84.00%
Profit Margin -87.75%
Shs Outstand 156.33M
Shs Float
Insider Own 0.00%
Instit Own 15.42%
Short Float 0.51%
Short Ratio 1.28
Short Interest 795.94K
52W High 12.25
vs 52W High -1.59%
52W Low 10.84
vs 52W Low 11.21%
Beta 0.56
Impl. Vol.
Rel Volume 0.51
Avg Volume 643.87K
Volume 328.73K
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $12.05
Price $12.05
Change 0.04%

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified FCF or EPS-based estimate
Ratings
Current target
$12.06
Low
High
Mean

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2016-08-15 down Stifel Hold → Sell
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2018-01-29 WELLS FARGO & COMPANY/MN Beneficial Owner (10% or more) 1,450
2018-01-29 WELLS FARGO & COMPANY/MN Beneficial Owner (10% or more) 3,200
2017-11-16 WELLS FARGO & COMPANY/MN Beneficial Owner (10% or more) 1,600
2017-08-18 BARCLAYS PLC Beneficial Owner (10% or more) Result of $99,997 1,141 $87.64 $99,997
2017-07-27 BARCLAYS PLC Beneficial Owner (10% or more) Result of $5,000,000 50 $100,000.00 $5,000,000
2017-07-24 BARCLAYS PLC Beneficial Owner (10% or more) Result of $5,000,000 50 $100,000.00 $5,000,000
2017-07-19 BARCLAYS PLC Beneficial Owner (10% or more) Result of $100,001 260 $384.62 $100,001
2017-07-05 BARCLAYS PLC Beneficial Owner (10% or more) 1,301
2016-10-05 CITIGROUP INC Beneficial Owner (10% or more) Result of about $100,000 355 $281.69 $100,000
2016-09-28 CITIGROUP INC Beneficial Owner (10% or more) 935
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-08-31 2024-02-29 2023-02-28 2022-02-28
Total Revenue
-112.84
-196.73%
116.65
+141.48%
-281.25
-1244.62%
-20.92
Operating Revenue
-112.84
-196.73%
116.65
+141.48%
-281.25
-1244.62%
-20.92
Operating Expense
5.40
+2.64%
5.26
-8.06%
5.72
-5.67%
6.06
Selling General And Administration
5.32
+1.69%
5.24
-8.08%
5.69
-5.65%
6.04
General And Administrative Expense
5.32
+1.69%
5.24
-8.08%
5.69
-5.65%
6.04
Other Operating Expenses
0.07
+207.07%
0.02
-3.84%
0.03
-10.03%
0.03
Total Unusual Items
0.00
Total Unusual Items Excluding Goodwill
0.00
Special Income Charges
0.00
Restructuring And Mergern Acquisition
0.00
Net Income
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Pretax Income
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Net Interest Income
91.02
+7.09%
84.99
-17.07%
102.49
+1385.83%
-7.97
Interest Expense
43.74
-13.18%
50.38
+78.57%
28.21
+253.93%
7.97
Interest Income
134.75
-0.45%
135.37
+3.57%
130.70
0.00
Gain On Sale Of Security
-11.06
+32.75%
-16.44
+85.35%
-112.18
-4290.79%
-2.55
Tax Rate For Calcs
0.00
-100.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Net Income From Continuing Operation Net Minority Interest
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Net Income From Continuing And Discontinued Operation
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Net Income Continuous Operations
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Normalized Income
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Net Income Common Stockholders
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Diluted EPS
-0.82
-206.49%
0.77
+138.89%
-1.98
-942.11%
-0.19
Basic EPS
-0.82
-206.49%
0.77
+138.89%
-1.98
-942.11%
-0.19
Basic Average Shares
144.20
-0.33%
144.67
-0.18%
144.93
+2.06%
142.00
Diluted Average Shares
144.20
-0.33%
144.67
-0.18%
144.93
+2.06%
142.00
Diluted NI Availto Com Stockholders
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Line Item Trend 2025-08-31 2024-02-29 2023-02-28 2022-02-28
Total Assets
2,844.23
-8.02%
3,092.18
+1.46%
3,047.61
-12.44%
3,480.77
Cash And Cash Equivalents
0.00
0.00
0.00
0.00
Cash Financial
0.00
0.00
0.00
0.00
Receivables
36.29
+14.00%
31.83
-4.65%
33.38
-42.32%
57.88
Investments And Advances
2,807.28
-8.23%
3,059.19
+1.53%
3,013.13
-11.94%
3,421.70
Total Liabilities Net Minority Interest
1,232.89
-0.25%
1,236.03
+0.01%
1,235.86
-4.91%
1,299.69
Payables
20.28
+159.58%
7.81
+54.64%
5.05
-59.82%
12.57
Accounts Payable
18.95
+194.37%
6.44
+27.40%
5.05
-59.82%
12.57
Other Payable
1.33
-3.11%
1.38
Long Term Debt And Capital Lease Obligation
4.81
+114.85%
2.24
-30.04%
3.20
-68.03%
10.01
Preferred Securities Outside Stock Equity
1,162.55
-1.50%
1,180.30
-3.66%
1,225.12
-3.85%
1,274.23
Stockholders Equity
1,611.35
-13.19%
1,856.15
+2.45%
1,811.75
-16.93%
2,181.07
Common Stock Equity
1,611.35
-13.19%
1,856.15
+2.45%
1,811.75
-16.93%
2,181.07
Capital Stock
1.46
+0.70%
1.45
-0.01%
1.45
+0.00%
1.45
Common Stock
1.46
+0.70%
1.45
-0.01%
1.45
+0.00%
1.45
Share Issued
145.73
+0.70%
144.72
-0.01%
144.74
+0.00%
144.74
Ordinary Shares Number
145.73
+0.70%
144.72
-0.01%
144.74
+0.00%
144.74
Additional Paid In Capital
1,895.18
-3.42%
1,962.29
-0.12%
1,964.74
-0.03%
1,965.39
Retained Earnings
-285.29
-165.16%
-107.59
+30.33%
-154.43
-172.09%
214.23
Total Equity Gross Minority Interest
1,611.35
-13.19%
1,856.15
+2.45%
1,811.75
-16.93%
2,181.07
Total Capitalization
1,616.16
-13.03%
1,858.39
+2.39%
1,814.95
-17.17%
2,191.09
Invested Capital
1,616.16
-13.03%
1,858.39
+2.39%
1,814.95
-17.17%
2,191.09
Total Debt
4.81
+114.85%
2.24
-30.04%
3.20
-68.03%
10.01
Net Debt
4.81
+114.85%
2.24
-30.04%
3.20
-68.03%
10.01
Net Tangible Assets
1,611.35
-13.19%
1,856.15
+2.45%
1,811.75
-16.93%
2,181.07
Tangible Book Value
1,611.35
-13.19%
1,856.15
+2.45%
1,811.75
-16.93%
2,181.07
Available For Sale Securities
23.60
+16.83%
20.20
Cash Cash Equivalents And Federal Funds Sold
0.00
0.00
0.00
0.00
Financial Assets Designatedas Fair Value Through Profitor Loss Total
2,783.68
-8.40%
3,038.99
+0.86%
3,013.13
-11.94%
3,421.70
Investmentin Financial Assets
2,807.28
-8.23%
3,059.19
+1.53%
3,013.13
-11.94%
3,421.70
Line Item Trend 2025-08-31 2024-02-29 2023-02-28 2022-02-28
Operating Cash Flow
136.23
+102.41%
67.30
-52.46%
141.56
+42.90%
99.07
Net Income From Continuing Operations
-118.24
-206.15%
111.39
+138.82%
-286.97
-963.60%
-26.98
Other Non Cash Items
-3.50
-527.24%
0.82
-90.48%
8.61
-48.70%
16.77
Gain Loss On Investment Securities
241.65
+617.68%
-46.68
-111.65%
400.66
+258.89%
111.64
Change In Working Capital
16.32
+813.10%
1.79
-90.72%
19.27
+929.34%
-2.32
Change In Receivables
8.69
+459.76%
1.55
-93.67%
24.50
+49.94%
16.34
Change In Accrued Expense
0.04
+155.70%
-0.08
+79.58%
-0.39
-186.24%
-0.13
Change In Payable
7.47
+1907.03%
0.37
+107.56%
-4.93
+73.30%
-18.44
Change In Other Current Assets
0.12
+311.73%
-0.06
-166.43%
0.09
+204.17%
-0.08
Change In Other Current Liabilities
0.00
0.00
0.00
0.00
Financing Cash Flow
-136.23
-102.41%
-67.30
+52.46%
-141.56
-42.90%
-99.07
Net Issuance Payments Of Debt
-1.65
-103.79%
43.62
+740.43%
-6.81
-3092.11%
-0.21
Issuance Of Debt
174.60
+7.42%
162.54
+45.19%
111.95
+133.77%
47.89
Repayment Of Debt
-176.26
-48.22%
-118.92
-0.13%
-118.76
-146.90%
-48.10
Long Term Debt Issuance
174.60
+7.42%
162.54
+45.19%
111.95
+133.77%
47.89
Long Term Debt Payments
-176.26
-48.22%
-118.92
-0.13%
-118.76
-146.90%
-48.10
Net Long Term Debt Issuance
-1.65
-103.79%
43.62
+740.43%
-6.81
-3092.11%
-0.21
Net Common Stock Issuance
11.17
+8709.22%
-0.13
Common Stock Payments
-0.13
Common Stock Dividend Paid
-127.67
-94.03%
-65.80
+22.55%
-84.95
+10.26%
-94.67
Cash Dividends Paid
-127.67
-94.03%
-65.80
+22.55%
-84.95
+10.26%
-94.67
Repurchase Of Capital Stock
-18.00
+60.12%
-45.13
+9.38%
-49.80
Net Other Financing Charges
0.00
0.00
0.00
+100.00%
-4.18
Changes In Cash
0.00
0.00
0.00
0.00
Beginning Cash Position
0.00
0.00
0.00
0.00
End Cash Position
0.00
0.00
0.00
0.00
Free Cash Flow
136.23
+102.41%
67.30
-52.46%
141.56
+42.90%
99.07
Common Stock Issuance
11.17
Issuance Of Capital Stock
11.17
Net Preferred Stock Issuance
-18.00
+60.00%
-45.00
+9.64%
-49.80
Preferred Stock Payments
-18.00
+60.00%
-45.00
+9.64%
-49.80
Taxes Refund Paid
-0.02
-75.65%
-0.01
+77.55%
-0.04
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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