BlackRock Multi-Sector Income Trust (BIT) vs Nuveen California Quality Municipal Income Fund (NAC)
A side-by-side comparison of BlackRock Multi-Sector Income Trust and Nuveen California Quality Municipal Income Fund across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
BIT
BlackRock Multi-Sector Income Trust
$11.32Financial ServicesDelayed quote: Oct 2, 2026, 4:00 PM EDT
NAC
Nuveen California Quality Municipal Income Fund
$10.23Financial ServicesDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — BIT vs NAC
growth of $100 · dividends reinvested · last 10yBIT +73.7% (+5.7%/yr)NAC +6.5% (+0.6%/yr)BIT compounded faster over this window
BIT NAC
BIT vs NAC: by the numbers
- •NAC is the larger company ($1.60B vs $646M market cap).
- •BIT is profitable (87.98% net margin) while NAC runs a net loss (-95.59%).
- •Both shrank revenue over the past five years; NAC's decline was smaller (-3.62% vs -4.25% CAGR).
- •BIT pays the higher dividend yield (13.17% vs 8.42%).
Metrics side by side
Valuation
| Metric | BIT | NAC |
|---|---|---|
| P/B ratio | 0.85 | N/A |
Profitability
| Metric | BIT | NAC |
|---|---|---|
| Gross margin | 87.06% | 86.22% |
| Operating margin | 108.91% | -56.74% |
| Net margin | 87.98% | -95.59% |
| ROE | 6.96% | -7.34% |
Dividends
| Metric | BIT | NAC |
|---|---|---|
| Dividend yield | 13.17% | 8.42% |
Growth (annualized)
| Metric | BIT | NAC |
|---|---|---|
| Revenue CAGR (5Y) | -4.25% | -3.62% |
| EPS CAGR (5Y) | -10.31% | N/A |
| Total return CAGR (5Y) | 0.07% | -2.38% |
Frequently asked
- Which has grown faster, BIT or NAC?
- Neither grew: over the past five years both shrank revenue, with NAC's decline the smaller — BIT at a -4.25% CAGR versus NAC at -3.62%.
- Does BIT or NAC pay a bigger dividend?
- BIT yields 13.17% and NAC yields 8.42% based on trailing dividends and the latest price.
- Is BIT or NAC more profitable?
- BIT runs the higher net margin — BIT at 87.98% versus NAC at -95.59%.
- How have BIT and NAC total returns compared?
- Over the past 10 years, BIT delivered 5.64% and NAC delivered 0.66% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BlackRock Multi-Sector Income dividend yieldNuveen California Quality Municipal Income Fund dividend yieldBlackRock Multi-Sector Income ROENuveen California Quality Municipal Income Fund ROEBlackRock Multi-Sector Income operating marginNuveen California Quality Municipal Income Fund operating marginBlackRock Multi-Sector Income revenue growthNuveen California Quality Municipal Income Fund revenue growth
BlackRock Multi-Sector Income & Nuveen California Quality Municipal Income Fund appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.