NAC
Price:
$11.87
Market Cap:
$1.73B
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 benc...[Read more]
Industry
Asset Management - Income
IPO Date
1999-05-26
Stock Exchange
NYSE
Ticker
NAC
According to Nuveen California Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current ROE is 4.67%. This represents a change of 75.04% compared to the average of 2.67% of the last 4 quarters.
The mean historical ROE of Nuveen California Quality Municipal Income Fund over the last ten years is 2.02%. The current 4.67% ROE has changed 131.81% with respect to the historical average. Over the past ten years (40 quarters), NAC's ROE was at its highest in in the August 2012 quarter at 43.32%. The ROE was at its lowest in in the August 2013 quarter at -15.94%.
Average
2.02%
Median
3.57%
Minimum
-15.84%
Maximum
14.41%
Discovering the peaks and valleys of Nuveen California Quality Municipal Income Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.18%
Maximum Annual ROE = 14.41%
Minimum Annual Increase = -1131.10%
Minimum Annual ROE = -15.84%
| Year | ROE | Change |
|---|---|---|
| 2024 | 4.67% | -22.16% |
| 2024 | 6.00% | -137.89% |
| 2023 | -15.84% | 1.18% |
| 2022 | -1.24% | 20.77% |
| 2021 | -1.02% | -107.11% |
| 2020 | 14.41% | 388.56% |
| 2019 | 2.95% | -29.75% |
| 2018 | 4.20% | -1131.10% |
| 2017 | -0.41% | -106.33% |
| 2016 | 6.43% | -33.45% |
The current ROE of Nuveen California Quality Municipal Income Fund (NAC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-1.72%
5-year avg
-1.49%
10-year avg
2.02%
Nuveen California Quality Municipal Income Fund’s ROE is less than Eaton Vance Tax-Advantaged Global Dividend Income Fund (4.12%), less than Nuveen S&P 500 Buy-Write Income Fund (8.26%), less than Nuveen Municipal Value Fund, Inc. (2.18%), less than American Century Emerging Markets Fund (7.44%), greater than Fidelity California Municipal Income Fund (-14.37%), less than Cohen & Steers Quality Income Realty Fund, Inc. (10.79%), greater than MFS Diversified Income Fund (0%), less than Eaton Vance Tax-Managed Buy-Write Opportunities Fund (10.61%), greater than BlackRock High Equity Income Fund (0%), greater than Royce Pennsylvania Mutual Fund (0%),
| Company | ROE | Market cap |
|---|---|---|
| 4.12% | $1.71B | |
| 8.26% | $1.51B | |
| 2.18% | $1.89B | |
| 7.44% | $1.74B | |
| -14.37% | $1.81B | |
| 10.79% | $1.58B | |
| 0% | $1.89B | |
| 10.61% | $1.67B | |
| 0% | $1.92B | |
| 0% | $1.80B |
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