NAC (Nuveen California Quality Municipalome Fund) Pretax Margin %: 98.99% (As of Feb. 2026) — Near Median


NAC Nuveen California Quality Municipal Income Fund NAC
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What is Nuveen California Quality Municipalome Fund Pretax Margin %?

Nuveen California Quality Municipalome Fund NAC 35 Pretax Margin % is 98.99% as of Feb. 2026, which is 1% below its 10-year median of 100.04. GuruFocus rates NAC with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 1,576 Asset Management companies, Nuveen California Quality Municipalome Fund ranks better than 56.15% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nuveen California Quality Municipalome Fund's Pre-Tax Income for the six months ended in Feb. 2026 was $198.17 Mil. Nuveen California Quality Municipalome Fund's Revenue for the six months ended in Feb. 2026 was $200.19 Mil. Therefore, Nuveen California Quality Municipalome Fund's pretax margin for the quarter that ended in Feb. 2026 was 98.99%.

The historical rank and industry rank for Nuveen California Quality Municipalome Fund's Pretax Margin % or its related term are showing as below:

NAC' s Pretax Margin % Range Over the Past 10 Years
Min: 89.39   Med: 100.04   Max: 141.68
Current: 94.3


NAC's Pretax Margin % is ranked better than
56.15% of 1576 companies
in the Asset Management industry
Industry Median: 89.475 vs NAC: 94.30

Nuveen California Quality Municipalome Fund  (NYSE:NAC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Nuveen California Quality Municipalome Fund Pretax Margin % Related Terms


Nuveen California Quality Municipalome Fund Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Nuveen California Quality Municipalome Fund's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen California Quality Municipalome Fund Pretax Margin % Chart

Nuveen California Quality Municipalome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Aug25
Pretax Margin %
Get a 7-Day Free Trial 141.68 129.00 102.03 95.49 104.78

Nuveen California Quality Municipalome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.72 94.01 51.31 102.22 98.99

NAC vs NUV, PDO, PAX: Pretax Margin % Comparison

For the Asset Management subindustry, Nuveen California Quality Municipalome Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen California Quality Municipalome Fund Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen California Quality Municipalome Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen California Quality Municipalome Fund's Pretax Margin % falls into.


NAC
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Nuveen California Quality Municipal Income Fund NAC
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen California Quality Municipalome Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Nuveen California Quality Municipalome Fund's Pretax Margin for the fiscal year that ended in Aug. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=-118.24/-112.842
=104.78 %

Nuveen California Quality Municipalome Fund's Pretax Margin for the quarter that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=198.165/200.19
=98.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 98.99% mean?
Nuveen California Quality Municipalome Fund (NAC) has a Pretax Margin % of 98.99% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen California Quality Municipalome Fund and its competitors. This is near median its historical median of 100.04. Over the past decade, Nuveen California Quality Municipalome Fund's Pretax Margin % has ranged from 89.39 to 141.68. According to the industry distribution chart, Nuveen California Quality Municipalome Fund ranks #691 out of 1576 companies in the Asset Management industry, placing it in the top 43.8%.
Is Nuveen California Quality Municipalome Fund's Pretax Margin % too high?
Nuveen California Quality Municipalome Fund's current Pretax Margin % of 98.99% is near median its 10-year median of 100.04. Over the past 10 years, this metric has ranged from a low of 89.39 to a high of 141.68. The Asset Management industry median Pretax Margin % is 89.48. Nuveen California Quality Municipalome Fund's value of 98.99% is 10.6% above this industry median. Based on the distribution chart, Nuveen California Quality Municipalome Fund ranks #691 out of 1576 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen California Quality Municipalome Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen California Quality Municipalome Fund's Pretax Margin % compare to NUV and PDO?
According to the Asset Management industry distribution chart, Nuveen California Quality Municipalome Fund ranks #691 out of 1576 companies for Pretax Margin %. This puts Nuveen California Quality Municipalome Fund in the upper half of its industry. The industry median Pretax Margin % is 89.48. Nuveen California Quality Municipalome Fund's value of 98.99% is 10.6% above this benchmark. Historically, Nuveen California Quality Municipalome Fund's own Pretax Margin % has ranged from 89.39 to 141.68 over the past decade. While the company's 10-year median is 100.04 vs. the industry median of 89.48, Nuveen California Quality Municipalome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen California Quality Municipalome Fund's current Pretax Margin % of 98.99% is 10.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen California Quality Municipalome Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen California Quality Municipalome Fund's current Pretax Margin % is 98.99%, which is near median its own 10-year median of 100.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen California Quality Municipalome Fund stock overvalued right now?
Nuveen California Quality Municipalome Fund (NAC) has a current Pretax Margin % of 98.99%. The current Pretax Margin % is 98.99%, which is near median its 10-year median of 100.04 and 10.6% above the Asset Management industry median of 89.48. Nuveen California Quality Municipalome Fund's overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nuveen California Quality Municipalome Fund (NAC), the current Pretax Margin % is 98.99% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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.
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