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AI brief of an SEC Form 8-K · Nuveen California Quality Municipal Income Fund (NAC)

Nuveen California Quality Municipal Income Fund adds four board members effective Jan 1, 2024

Neutral Impact 3 of 5 leadership Written later

The fund's board and boards of other funds in the Nuveen and TIAA-CREF fund complex approved consolidating their board memberships so the same members oversee all funds. Four independent board members, Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny and Loren M. Starr, will join the board effective January 1, 2024, and the board will have twelve members, with trustees Jack B. Evans and William C. Hunter expected to retire effective December 31, 2023. The fund says the change is expected to generate cost savings that would benefit shareholders.

Key points

  • Four independent board members appointed effective January 1, 2024: Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny and Loren M. Starr
  • Board size set at twelve members effective January 1, 2024
  • Trustees Jack B. Evans and William C. Hunter expected to retire effective December 31, 2023
  • Fund states the board consolidation is expected to generate cost efficiencies and expense savings that would benefit Fund shareholders

The filing

CompanyNuveen California Quality Municipal Income Fund (NAC)
Form8-K, current report
Filed with the SECOct 13, 2023, 7:35 AM ET
Accession number0001193125-23-255706

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.