4//SEC Filing
Wells Fargo Municipal Capital Strategies, LLC 4
Accession 0000899243-18-002423
CIK 0001074952other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 5:45 PM ET
Size
15.6 KB
Accession
0000899243-18-002423
Insider Transaction Report
Form 4
WELLS FARGO & CO/MN
10% Owner
Transactions
- Other
MuniFund Preferred Shares
2018-01-29+3,200→ 3,200 total(indirect: By Subsidiary) - Other
Variable Rate MuniFund Term Preferred Shares
2018-01-29−1,450→ 0 total(indirect: By Subsidiary)
Holdings
- 1,600(indirect: By Subsidiary)
Variable Rate Demand Preferred Shares
Transactions
- Other
Variable Rate MuniFund Term Preferred Shares
2018-01-29−1,450→ 0 total(indirect: By Subsidiary) - Other
MuniFund Preferred Shares
2018-01-29+3,200→ 3,200 total(indirect: By Subsidiary)
Holdings
- 1,600(indirect: By Subsidiary)
Variable Rate Demand Preferred Shares
Footnotes (4)
- [F1]The disposition of shares occurred pursuant to a Purchase and Exchange Agreement among the Nuveen California Quality Municipal Income Fund (the "Issuer") and Wells Fargo Municipal Capital Strategies, LLC ("Capital Strategies") pursuant to which Captial Strategies exchanged 1,450 existing Variable Rate MuniFund Term Preferred Shares of the Issuer for an equal number of newly issued Series A MuniFund Preferred Shares of the Issuer ("MFP Shares") and purchased 1,750 newly issued MFP Shares, for a purchase price of $100,000 per share. In addition to the MFP Shares, Capital Strategies also holds 1,600 variable rate demand preferred shares, Series 8 of the Issuer ("VRDP Shares"). Capital Strategies is a wholly owned subsidiary of Wells Fargo & Company ("Wells Fargo").
- [F2]The 1,600 VRDP Shares were previously acquired by Capital Strategies as reported in the Form 4 filing filed by Wells Fargo and Capital Strategies with the United States Securities and Exchange Commission on November 17, 2017.
- [F3]This 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.
- [F4]Each 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.
Issuer
Nuveen California Quality Municipal Income Fund
CIK 0001074952
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001585457
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 5:45 PM ET
- Size
- 15.6 KB