NAC (Nuveen California Quality Municipalome Fund) Policy Acquisition Expense

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NAC Nuveen California Quality Municipal Income Fund NAC
48 GF Score
Price $10.56
GF Value $33.71
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Nuveen California Quality Municipalome Fund Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.

NAC
48GF Score
Nuveen California Quality Municipal Income Fund NAC
Policy Acquisition Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Nuveen California Quality Municipalome Fund (NAC) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen California Quality Municipalome Fund stock appears to be undervalued. The current stock price of $10.56 is trading 68.7% below its estimated GF Value™ of $33.71. GuruFocus considers Nuveen California Quality Municipalome Fund to be Significantly Undervalued.

Key valuation signals for NAC:

  • Policy Acquisition Expense:
  • GF Value™: $33.71 vs. price of $10.56 (68.7% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the NAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nuveen California Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen California Quality Municipal Income Fund is a closed-end fixed income mutual fund that prominently invests in tax-exempt municipal bonds from California. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Arizona individual income taxes. Its portfolio mainly includes investment-grade municipal securities of California. The fund targets various sectors such as healthcare, utilities, transportation, and consumer staples.
48GF Score

Get the complete analysis for NAC

Policy Acquisition Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.56
Price
$33.71
GF Value