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home / news releases / NAC - NAC: Cali Munis Have Some Merit At These Levels

NAC - NAC: Cali Munis Have Some Merit At These Levels

Nuveen California Quality Municipal Income Fund
  • Cali munis are well supported in terms of credit risk and liquidity. This has been led by a macro-recovery, strong tax receipts, and a budget surplus.
  • NAC, in particular, looks nice because of its underlying holdings and the fact that the fund has a large discount to NAV.
  • Utility providers are getting federal aid, boosting a key sector for this fund.
  • Of course, duration risk remains a key concern, so investors need to make sure this works with their overall portfolio.

For further details see:

NAC: Cali Munis Have Some Merit At These Levels
Stock Information
Company Name: Nuveen California Quality Municipal Income Fund
Stock Symbol: NAC
Market: NYSE
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