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NAC Income Quality Score

Nuveen California Quality Municipal Income Fund (NAC) has an Income Quality Score of 37/100, classified as a Question Mark with high confidence, based on a 10-year income and total-return history.

Nuveen California Quality Municipal Income Fund (NAC) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year
Long-term focused10-year income and total-return analysis
Data-drivenObjective scoring across 4 quality, distribution and risk signals
Clear classificationFriends to own. Foes to avoid.
IQ Score
37/100
Question MarkHigh confidence
Asset Type
CEF
Exchange
Trailing Yield (TTM)
Not published
No normalized trailing yield is published for closed-end funds in this snapshot.
Rank in CEF Universe
309 of 358
Lookback
10-year
Data as of
June 30, 2026
How the IQ Score works →
About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.
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NACNuveen California Quality Municipal Income Fund
37Question MarkHigh confidence
Snapshot
2026-06
Data as of
2026-06-30
Lookback
10-year
Asset type
Closed-End Fund

IQ Score History

6535FRIENDQUESTION MARKFOE0501002023-052026-022026-062023-05-31 · 33.3 · Foe · Historical Reconstruction · iq-4class-v12023-07-31 · 35.0 · Foe · Historical Reconstruction · iq-4class-v12023-09-29 · 28.8 · Foe · Historical Reconstruction · iq-4class-v12023-11-30 · 27.3 · Foe · Historical Reconstruction · iq-4class-v12024-01-31 · 29.9 · Foe · Historical Reconstruction · iq-4class-v12024-03-28 · 37.1 · Question Mark · Historical Reconstruction · iq-4class-v12024-05-31 · 45.4 · Question Mark · Historical Reconstruction · iq-4class-v12024-07-31 · 42.6 · Question Mark · Historical Reconstruction · iq-4class-v12024-09-30 · 44.2 · Question Mark · Historical Reconstruction · iq-4class-v12024-11-29 · 43.5 · Question Mark · Historical Reconstruction · iq-4class-v12025-01-31 · 42.7 · Question Mark · Historical Reconstruction · iq-4class-v12025-03-31 · 42.6 · Question Mark · Historical Reconstruction · iq-4class-v12025-05-30 · 41.7 · Question Mark · Historical Reconstruction · iq-4class-v12025-07-31 · 42.4 · Question Mark · Historical Reconstruction · iq-4class-v12025-09-30 · 42.5 · Question Mark · Historical Reconstruction · iq-4class-v12025-11-28 · 42.4 · Question Mark · Historical Reconstruction · iq-4class-v12026-01-30 · 41.6 · Question Mark · Historical Reconstruction · iq-4class-v12026-03-31 · 39.9 · Question Mark · Historical Reconstruction · iq-4class-v12026-05-15 · 42.2 · Question Mark · Published Snapshot History · iq-4class-v12026-05-20 · 39.8 · Question Mark · Published Snapshot History · iq-4class-v12026-05-22 · 39.7 · Question Mark · Published Snapshot History · iq-4class-v12026-05-27 · 39.9 · Question Mark · Published Snapshot History · iq-4class-v12026-05-29 · 41.0 · Question Mark · Published Snapshot History · iq-4class-v12026-06-02 · 41.7 · Question Mark · Published Snapshot History · iq-4class-v12026-06-04 · 41.6 · Question Mark · Published Snapshot History · iq-4class-v12026-06-08 · 42.6 · Question Mark · Published Snapshot History · iq-4class-v12026-06-10 · 42.4 · Question Mark · Published Snapshot History · iq-4class-v12026-06-12 · 41.9 · Question Mark · Published Snapshot History · iq-4class-v12026-06-16 · 41.8 · Question Mark · Published Snapshot History · iq-4class-v12026-06-18 · 42.4 · Question Mark · Published Snapshot History · iq-4class-v12026-06-23 · 43.4 · Question Mark · Published Snapshot History · iq-4class-v12026-06-25 · 43.4 · Question Mark · Published Snapshot History · iq-4class-v12026-06-29 · 42.7 · Question Mark · Published Snapshot History · iq-4class-v12026-06-30 · 42.8 · Question Mark · Published Snapshot History · iq-4class-v16535FRIENDQUESTION MARKFOE0501002023-052026-06

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage
35/100
Working Capital Preservation
59/100
Distribution Cut Score
10/100
Distribution Trend
50/100

What to watch

  • 3+ years with a material annual distribution decline

Flags & gates

  • Chronic Dist Cuts

Distribution Safety

12Years raised
3Years cut
28Years of data
RisingCurrent trend

High confidence (10-year history)

  1. 19990.42Held
  2. 20000.831Raised
  3. 20010.894Raised
  4. 20020.9525Raised
  5. 20030.959Held
  6. 20041.0304Raised
  7. 20051.0034Lower total
  8. 20060.9168Lower total
  9. 20070.8067Lower total
  10. 20081.0074Raised
  11. 20090.794Lower total
  12. 20100.8815Raised
  13. 20110.9085Raised
  14. 20120.921Raised
  15. 20130.8894Lower total
  16. 20140.844Lower total
  17. 20150.9372Raised
  18. 20160.8836Lower total
  19. 20170.7925Cut
  20. 20180.681Cut
  21. 20190.652Lower total
  22. 20200.6315Lower total
  23. 20210.654Raised
  24. 20220.606Lower total
  25. 20230.447Cut
  26. 20240.7485Raised
  27. 20250.882Raised
  28. 20260.437Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

The IQ Score is a research classification of historical income quality. It is not investment advice, not a recommendation and not a prediction of future returns.

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