Nuveen California Quality Municipal Income Fund (NYSE:NAC) Announces Monthly Dividend of $0.07

Posted by George Bondi on May 13th, 2026

Nuveen California Quality Municipal Income Fund (NYSE:NAC – Get Free Report) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0735 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Friday, May 15th.

Nuveen California Quality Municipal Income Fund Stock Down 0.1%

NYSE:NAC traded down $0.02 during trading hours on Wednesday, hitting $11.94. The stock had a trading volume of 289,391 shares, compared to its average volume of 566,290. Nuveen California Quality Municipal Income Fund has a 1-year low of $10.69 and a 1-year high of $12.25. The business has a 50 day simple moving average of $11.80 and a two-hundred day simple moving average of $11.85.

Hedge Funds Weigh In On Nuveen California Quality Municipal Income Fund

Several large investors have recently added to or reduced their stakes in NAC. Ameriflex Group Inc. lifted its stake in Nuveen California Quality Municipal Income Fund by 100.0% in the third quarter. Ameriflex Group Inc. now owns 2,800 shares of the company’s stock valued at $32,000 after buying an additional 1,400 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Nuveen California Quality Municipal Income Fund during the fourth quarter worth about $41,000. Smartleaf Asset Management LLC grew its holdings in Nuveen California Quality Municipal Income Fund by 484.3% during the third quarter. Smartleaf Asset Management LLC now owns 7,245 shares of the company’s stock worth $82,000 after acquiring an additional 6,005 shares during the period. Harbour Investments Inc. acquired a new position in shares of Nuveen California Quality Municipal Income Fund in the 4th quarter valued at $106,000. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of Nuveen California Quality Municipal Income Fund in the 3rd quarter valued at $115,000.

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.