SEC Form 4 · accession 0000899243-17-026827
Nuveen California Quality Municipal Income Fund · NAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
WELLS FARGO & COMPANY/MN
10% Owner
Period of report
Nov 16, 2017
Accepted (ET)
Nov 17, 2017 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001074952
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Variable Rate Demand Preferred SharesF1,F3,F4 | Nov 16, 2017 | A | 1,600 | — | A | 1,600 | I | By Subsidiary |
| Variable Rate MuniFund Term Preferred SharesF2,F3,F4 | holding | — | — | — | 1,450 | I | By Subsidiary |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 1,600 variable rate demand preferred shares ("Shares") reported as acquired in Table I consist of 1,600 variable rate demand preferred shares, Series 8 of Nuveen California Quality Municipal Income Fund (the "Issuer") and represent Shares beneficially owned by Wells Fargo Municipal Capital Strategies, LLC ("Capital Strategies"). The Shares were purchased by Capital Strategies from the remarketing agent for the Shares. The Shares were acquired for a purchase price of $100,000 per share. In addition to the Shares, Capital Strategies also holds 1,450 variable rate munifund term preferred shares of the Issuer ("VMTP Shares"). Capital Strategies is a wholly owned subsidiary of Wells Fargo & Company ("Wells Fargo").
- F2The 1,450 VMTP Shares were previously acquired by Capital Strategies as reported in the Form 3 filing filed by Wells Fargo and Capital Strategies with the United States Securities and Exchange Commission on June 15, 2016.
- F3This statement is jointly filed by Wells Fargo and Capital Strategies. Wells Fargo holds an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary Capital Strategies.
- F4Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
Remarks
Exhibits Index Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information