|Bid||14.27 x 1200|
|Ask||0.00 x 800|
|Day's Range||14.26 - 14.30|
|52 Week Range||12.25 - 14.39|
|Beta (3Y Monthly)||0.12|
|PE Ratio (TTM)||32.38|
|Forward Dividend & Yield||0.67 (4.68%)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nuveen California Quality Municipal Income Fund and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service has withdrawn the P-1 short-term rating of the Series 5 Variable Rate Demand Preferred (VRDP) shares issued by Nuveen California Quality Municipal Income Fund (Fund), a closed-end fund managed by Nuveen Fund Advisors, LLC, as investment advisor, and Nuveen Asset Management, LLC as sub-advisor. The long-term rating of the Series 5 VRDP shares, which remains at Aa2, is unaffected.
The Nuveen California Quality Municipal Income Fund (NAC) and Nuveen AMT-Free Municipal Credit Income Fund (NVG), as part of an ongoing leverage management process, have completed certain actions related to one of each Fund’s existing series of Variable Rate Demand Preferred (VRDP) Shares. NAC has completed the transition of the Fund’s Series 5 VRDP shares from minimum (7-day) rate periods to a special rate period of longer than 7 days, and NVG has completed the transition of the Fund’s Series 4 VRDP shares from a special rate period of longer than 7 days to minimum (7-day) rate periods.