NYSE | 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.
Top 20 Holdings
| Name | Weight |
|---|---|
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | 1.82% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.64% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25% | 1.12% |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5.25% | 1.06% |
| SACRAMENTO CNTY CALIF SANTN DIST FING AUTH REV 5% | 0.95% |
| SYLVAN CALIF UN SCH DIST 0% | 0.80% |
| CALIFORNIA ST 5% | 0.79% |
| LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% | 0.76% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | 0.75% |
| CALIFORNIA HSG FIN AGY MUN CTFS 4% | 0.75% |
| LOS ANGELES CALIF DEPT ARPTS REV 5% | 0.74% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5% | 0.74% |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 5% | 0.73% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5% | 0.72% |
| FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 5.75% | N/A% |
| Yosemite Community College District, California, General Obligation Bonds, Capital Appreciation, Election 2004, Series 2010D | N/A% |
| Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Series 2015A | N/A% |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1 | N/A% |
| YOSEMITE CALIF CMNTY COLLEGE DIST 0% | N/A% |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% | N/A% |