Nuveen California Quality Municipal Income Fund (NYSE:NAC) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Posted by Stanley Muller on Aug 12th, 2026

Nuveen California Quality Municipal Income Fund (NYSE:NAC – Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $11.95 and traded as low as $11.85. Nuveen California Quality Municipal Income Fund shares last traded at $11.8550, with a volume of 296,386 shares traded.

Nuveen California Quality Municipal Income Fund Price Performance

The business’s 50-day moving average is $11.95 and its two-hundred day moving average is $11.88.

Nuveen California Quality Municipal Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a dividend of $0.0695 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Friday, August 14th.

Institutional Trading of Nuveen California Quality Municipal Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Requisite Capital Management LLC bought a new stake in Nuveen California Quality Municipal Income Fund during the second quarter worth about $635,000. OneDigital Investment Advisors LLC grew its stake in Nuveen California Quality Municipal Income Fund by 4.0% in the second quarter. OneDigital Investment Advisors LLC now owns 177,723 shares of the company’s stock valued at $2,154,000 after purchasing an additional 6,835 shares in the last quarter. Global Retirement Partners LLC bought a new position in Nuveen California Quality Municipal Income Fund in the second quarter valued at approximately $45,000. Cascade Financial Partners LLC acquired a new position in shares of Nuveen California Quality Municipal Income Fund during the 2nd quarter worth approximately $969,000. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Nuveen California Quality Municipal Income Fund by 7.8% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 40,542 shares of the company’s stock worth $491,000 after purchasing an additional 2,921 shares in the last quarter.

About Nuveen California Quality Municipal Income Fund

(Get Free Report)

Nuveen California Quality Municipal Income Fund (NYSE: NAC) is a closed-end management investment company that seeks to provide investors with a high level of current income exempt from federal and California state income taxes, with a secondary objective of capital appreciation. The fund primarily acquires a diversified portfolio of municipal securities issued by entities located in California, focusing on investment-grade bonds. These securities typically include general obligation bonds, revenue bonds and other taxable or tax-advantaged instruments that finance public projects such as transportation, education and utilities.

In managing the portfolio, the fund’s investment team applies rigorous credit research to identify issuers with strong balance sheets, stable revenue streams and manageable debt levels.