Nuveen California Quality Municipal Income Fund, formerly Nuveen California Dividend Advantage Municipal Fund, is a closed-ended fund. The Fund provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them. The Fund seeks current income exempt from both regular federal income taxes and California personal income tax and its secondary investment objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal and California state income taxes.
The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB or S&P, Moody?ÇÖs, or Fitch) or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which approximately 10% of its managed assets may be rated below B-/B3 or of comparable quality. The Fund invests in a range of sectors, including tax obligation/general, tax obligation/limited, healthcare, the United States guaranteed, water and sewer, transportation, consumer staples, utilities, education and civic organizations, and housing/multifamily. Nuveen Asset Management is its fund manager.
333 W Wacker Dr
The company trades on NYSE exchange. The company headquarter is located in Illinois, IL.| Ticker | NAC |
| Long Name | Nuveen California Quality Municipal Income Fund |
| Short Name | Nuveen California Quality Municipal Income Fund |