Nuveen California Quality Munic (NAC) Stock Analysis
Recovery setup
Financial Services · Asset Management
Hold if already holding. Not a fresh buy at $10.09, but acceptable to hold if already in. Reasons: Weak overall score: 5.0/10; Expensive valuation.
Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United... Read more
Hold if already holding. Not a fresh buy at $10.09, but acceptable to hold if already in. Reasons: Weak overall score: 5.0/10; Expensive valuation. Chart setup: Death cross but MACD improving, RSI 55. Maintain position. Not compelling to add more. Score 5.0/10, moderate confidence.
Passes 8/11 gates (positive momentum, clean insider activity, positive momentum, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Revenue shrinking — -0.5% YoY. Growth thesis broken unless recovery story develops.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $10.09, but acceptable to hold if already in. Reasons: Weak overall score: 5.0/10; Expensive valuation. Chart setup: Death cross but MACD improving, RSI 55. Maintain position. Not compelling to add more. Default target $11.60 (+15.0%), stop $9.71 (−3.9%), A.R:R 0.0:1. Score 5.0/10, moderate confidence.
Default target: $11.60 (+15.0% upside). Default target $11.60 (+15.0%), stop $9.71 (−3.9%), A.R:R 0.0:1. Stop-loss: $9.71.
Weak overall score: 5.0/10; Expensive valuation; Weak growth.
Nuveen California Quality Munic trades at a P/E of N/A (forward N/A). TrendMatrix value score: 2.3/10. Verdict: Hold.
8 analysts cover NAC with a consensus score of 2.3/5.
What does Nuveen California Quality Munic do?Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen...
Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invests in securities that are rated Baa or BBB or better by Moody's Investors Service, Inc. or Standard & Poor's, and have an average maturity of 20.96 years. The fund employs fundamental analysis with a bottom-up approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) California Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen California Dividend Advantage Municipal Fund. Nuveen California Quality Municipal Income Fund was formed on December 1, 1998 and is domiciled in the United States.