profit from every $100 of sales.
$0$100
Nuveen California AMT-Free Quality Municipal Income Fund
$11.23+0.27% today
-12.9% in 1 year
1-year low $10.401-year high $13.15
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
0%20% a year
You pay $15.65 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Nuveen California AMT-Free Quality Municipal Income Fund sold, what it kept, and what it did with the cash.
Sales went from -$4.29 million in 2022 to -$34.2 million in 2025, with -$37.4 million of profit last year.
SalesProfit
Nuveen California AMT-Free Quality Municipal Income Fund handed back more cash to shareholders than it generated last year.
$42M
Free cash flow 2025$9M
Bought back its own shares–
Paid as dividends$42M
Cash vs. debt$0 vs. $7M
Nuveen California AMT-Free Quality Municipal Income Fund vs. similar companies
Nuveen California AMT-Free Quality Municipal Income Fund grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Nuveen California AMT-Free Quality Municipal Income Fund | 15.7× · Fair price | ||
 PIMCO Dynamic Income Fund | 8.7× · Cheap | ||
 Reaves Utility Income Fund | 4.1× · Cheap | ||
 Nuveen AMT-Free Quality Municipal Income Fund | 38.0× · Expensive | ||
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 7.0× · Cheap |
AI analysis
An AI analyst reads Nuveen California AMT-Free Quality Municipal Income Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -4 | -94 | 43 | -34 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -8 | -97 | 40 | -37 | |
| -0.17 | -2.04 | 0.85 | -0.78 | |
| – | – | – | – | |
| – | – | – | – | |
| 195.3% | 103.5% | 93.0% | 109.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,203 | 1,052 | 1,066 | 1,019 |
| Cash | 0 | 0 | 0 | 0 |
| Total debt | 5 | 2 | – | 7 |
| Total liabilities | 460 | 435 | 433 | 445 |
| 743 | 617 | 633 | 574 | |
| 49 | 48 | 48 | 48 | |
| – | – | – | – | |
| -1.1% | -15.7% | 6.4% | -6.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 26 | 55 | 27 | 9 | |
| – | – | – | – | |
| 26 | 55 | 27 | 9 | |
| Dividends paid | 32 | 30 | 24 | 42 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 15.7×
- –
- –
- 1.1×
- 14.6×
- 23.7×
- –
- 4.2%
- 6.4%
- 7.3%
Profitability
- 40.6%
- -50.0%
- 93.0%
- -50.0%
- -2.1%
- -1.4%
- -6.2%
- -3.7%
- -2.1%
- –
Growth
- −1.2%
- –
- −72.4%
- +7.3%
- +1.1%
Financial health
- -20.4×
- 0.76
- 42.8%
- -2.8×
- 1.66
- 1.66
- 0.04
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 6%of 748
Bottom 4%of 603
Bottom 44%of 873
Bottom 20%of 883
Bottom 48%of 933
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Aug 31, 2025 | -0.80 | – | – |
| Feb 28, 2025 | 0.04 | – | – |
| Dec 11, 2024 | 0.02 | – | – |
| Aug 31, 2024 | 0.30 | – | – |
| Feb 29, 2024 | 0.30 | – | – |
| Nov 30, 2023 | -1.17 | – | – |
| Aug 31, 2023 | 1.00 | – | – |
| May 31, 2023 | 0.02 | – | – |
7.3%of the share price, paid each year
On $1,000 invested$73a year at today's yield, before tax
+7.3%2020 to 2025
Raised2 yearsin a row, in our data
Paid per share, each year
$0.87 in 2015 → $0.91 in 2025
How safe it looks
60.0% of its profit
Room to growStretchedMore than it earns: 90.9%
News
SPDR Nuveen Barclays Short Term Municipal Bond ETF declares monthly distribution of $0.1082Seeking Alpha · Nov 2, 2026Nuveen Core Plus Impact Fund declares $0.0895 dividendSeeking Alpha · Oct 6, 2026Nuveen Real Asset Income and Growth Fund declares $0.1335 dividendSeeking Alpha · Oct 6, 2026Nuveen New York AMT-Free Quality Municipal Income Fund declares $0.0655 dividendSeeking Alpha · Oct 6, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
27No pass
Benjamin Graham
61Pass
Philip Fisher
41No pass
Peter Lynch
52No pass
Joel Greenblatt
16No pass
Charlie Munger
34No pass
Terry Smith
28No pass
Questions about Nuveen California AMT-Free Quality Municipal Income Fund
Is Nuveen California AMT-Free Quality Municipal Income Fund a good stock to buy?
A strong, very profitable business at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Nuveen California AMT-Free Quality Municipal Income Fund AI analysis
What does Nuveen California AMT-Free Quality Municipal Income Fund do?
Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It is in Asset Management - Income.
Does Nuveen California AMT-Free Quality Municipal Income Fund pay a dividend?
Yes. At today's price the dividend is 7.3% a year, about 60% of its yearly profit. In 2025 it paid out $42.0 million in dividends.
Is Nuveen California AMT-Free Quality Municipal Income Fund stock halal?
No. Nuveen California AMT-Free Quality Municipal Income Fund does not pass our halal screen: its main business, interest-based asset management, is not permitted. How we check
How has Nuveen California AMT-Free Quality Municipal Income Fund stock done over the past year?
Down 12.9% over the past twelve months, to $11.23. It traded between $10.40 and $13.15 and is 14.6% below its high.
Who are Nuveen California AMT-Free Quality Municipal Income Fund's competitors?
The largest listed companies in the same industry are PIMCO Dynamic Income Fund, Reaves Utility Income Fund, Nuveen AMT-Free Quality Municipal Income Fund and Eaton Vance Tax-Managed Global Diversified Equity Income Fund. The peers table on this page compares their profit, growth and price with Nuveen California AMT-Free Quality Municipal Income Fund's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.