Nuveen California Quality Municipal Income Fund

Nuveen California Quality Municipal Income Fund is a closed-ended mutual fund focusing on fixed income investments within California. Managed by Nuveen Investments, it aims to provide tax-exempt income by investing in undervalued municipal securities rated Baa or better. With a strategy that emphasizes fundamental analysis and a bottom-up approach, the fund targets investments with an average maturity of around 21 years, comparing its performance against key municipal bond indexes. Established in 1998, it offers a financial avenue for investors seeking income exempt from federal and California taxes.