US · NAC
Nuveen California Quality Municipal Income Fund
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- Chicago, IL 60606-1220
- Website
- nuveen.com
Price · as of 2024-08-31
$11.95
Market cap 1.87B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | — | — |
| Intrinsic Value(DCF) | $4.15 | -65.27% |
| Graham-Dodd Method(GD) | $10.65 | -10.85% |
| Graham Formula(GF) | $11.46 | -4.13% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | |||||
| 2011 | |||||
| 2012 | |||||
| 2013 | |||||
| 2014 | $0.00 | $0.00 | |||
| 2015 | $14.89 | $420.73 | |||
| 2016 | $7.23 | $43.37 | |||
| 2017 | $4.55 | $1.00 | |||
| 2018 | $6.63 | $36.51 | |||
| 2019 | $7.11 | $3.40 | |||
| 2020 | $19.03 | $21.88 | |||
| 2021 | $5.58 | $0.55 | |||
| 2022 | $4.33 | $0.00 | |||
| 2023 | $0.00 | $145.84 | |||
| 2024 | $9.85 | $396.47 |
AI valuation
Our deep-learning model estimates Nuveen California Quality Municipal Income Fund's (NAC) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- —
- Current price
- $11.95
- AI upside
- —
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$4.15
-65.27% upside
Graham-Dodd
$10.65
-10.85% upside
Graham Formula
$11.46
-4.13% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| NAC | Nuveen California Quality… | $11.95 | 1.87B | — | -65% | -11% | -4% | 17.40 | 0.81 | 11.53 | 19.26 | — | 0.81 | 86.36% | 108.77% | 66.28% | — | — | — | 0.67 | — | — | — | 8.70 | — | — | — | 1.20% | — | — | 3.27% | 56.90% | 3.27% | 19.26 | 151.99 | 20.95 | 0.85 |
| BXMX | Nuveen S&P 500 Buy-Write … | $14.62 | 1.52B | +121% | -23% | +80% | -93% | 5.63 | 0.82 | 57.40 | — | — | 0.82 | 100.00% | 39.51% | 1018.75% | 15.22% | 0.59% | 14.78% | 0.01 | 125.45 | 1.27 | 1.44 | — | -431.00% | -808.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 2.04% | 143.26 | — | 56.60 | 25.42 |
| ETG | Eaton Vance Tax-Advantage… | $23.04 | 1.76B | +57% | -21% | -8% | — | 5.45 | 1.00 | 12.37 | 6.19 | — | 1.00 | 87.86% | 240.17% | 227.02% | 19.49% | 16.92% | 15.91% | 0.21 | 18.48 | 0.00 | 7.02 | 1.07 | -1696.00% | -6353.00% | -7304.00% | 1.68% | 6.18 | 1.46% | 6.68% | 36.40% | 6.68% | 6.19 | 71.63 | 14.87 | 3.74 |
| ETV | Eaton Vance Tax-Managed B… | $14.63 | 1.71B | +243% | -60% | +102% | +2,572% | 4.31 | 0.84 | 9.66 | 4.31 | 12.71 | 0.84 | 224.90% | 224.05% | 224.05% | 20.75% | 20.78% | 20.49% | 0.00 | — | 0.50 | 0.50 | 0.00 | 3394.00% | 13145.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 4.31 | — | 9.66 | 78.16 |
| NUV | Nuveen Municipal Value Fu… | $9.21 | 1.91B | +434% | -65% | +53% | +2,285% | 8.50 | 0.88 | 8.43 | 8.62 | 3.16 | 0.88 | 100.00% | 99.76% | 99.16% | 10.65% | 10.59% | 10.35% | 0.02 | 165.53 | 0.41 | 0.55 | 0.22 | 26923.00% | 23112.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 8.62 | — | 8.59 | 13.09 |
| RQI | Cohen & Steers Quality In… | $13.31 | 1.79B | +55% | -32% | -84% | — | 16.01 | 0.92 | 17.92 | 16.14 | — | 0.92 | 115.44% | 159.81% | 111.94% | 5.67% | 5.82% | 4.01% | 0.41 | 3.34 | 3.76 | 7.33 | 5.02 | -5771.00% | -3599.00% | 24249.00% | 8.15% | 30.58 | 5.32% | 8.18% | 130.90% | 8.35% | 16.14 | 17.67 | 25.80 | 1.81 |
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.
- Employees
- 0
- Beta
- 0.59
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($4.15 ÷ $11.95) − 1 = -65.27% (DCF, example).