As of June 2, 2025, Nuveen California Quality Municipal Income Fund (NAC) reports a Gross Margin of 46.67%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Nuveen California Quality Municipal Income Fund's Gross Margin
Over recent years, Nuveen California Quality Municipal Income Fund's Gross Margin has shown significant volatility. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-02-29 | 46.67% |
| 2023-02-28 | -174.59% |
| 2022-02-28 | 74.06% |
| 2021-02-28 | 71.85% |
| 2020-02-29 | 66.40% |
This slight upward trend highlights how Nuveen California Quality Municipal Income Fund manages its operational efficiency and pricing power over time.
Comparing Nuveen California Quality Municipal Income Fund's Gross Margin to Peers
To better understand Nuveen California Quality Municipal Income Fund's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Nuveen California Quality Municipal Income Fund (NAC) | 46.67% |
| Central Securities Corp (CET) | 7775.20% |
| Adams Diversified Equity Fund Inc (ADX) | 7775.20% |
| BlackRock Taxable Municipal Bond Trust (BBN) | 89.81% |
| BlackRock Credit Allocation Income Trust (BTZ) | 89.72% |
| BlackRock Science and Technology Term Trust (BSTZ) | 88.61% |
Compared to its competitors, Nuveen California Quality Municipal Income Fund's Gross Margin is about average compared to peers, indicating industry-standard operational efficiency.