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Upturn AI SWOT - About
Nuveen California Select Tax Free Income Closed Fund (NXC)
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Upturn Advisory Summary
09/17/2025: NXC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -0.28% | Avg. Invested days 48 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 82.91M USD | Price to earnings Ratio 35.92 | 1Y Target Price - |
Price to earnings Ratio 35.92 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.23 | 52 Weeks Range 12.32 - 13.74 | Updated Date 06/29/2025 |
52 Weeks Range 12.32 - 13.74 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 4.22% | Basic EPS (TTM) 0.36 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 60.71% | Operating Margin (TTM) 91.32% |
Management Effectiveness
Return on Assets (TTM) 2.36% | Return on Equity (TTM) 2.54% |
Valuation
Trailing PE 35.92 | Forward PE - | Enterprise Value 82518688 | Price to Sales(TTM) 22.38 |
Enterprise Value 82518688 | Price to Sales(TTM) 22.38 | ||
Enterprise Value to Revenue 35.13 | Enterprise Value to EBITDA - | Shares Outstanding 6412190 | Shares Floating - |
Shares Outstanding 6412190 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 11.03 |
Upturn AI SWOT
Nuveen California Select Tax Free Income Closed Fund
Company Overview
History and Background
Nuveen California Select Tax Free Income Closed Fund was established to provide high current income exempt from federal and California state income taxes, consistent with capital preservation.
Core Business Areas
- Municipal Bond Investments: Invests primarily in California municipal bonds to generate tax-exempt income for shareholders. The fund focuses on securities rated investment grade or higher at the time of investment.
Leadership and Structure
The fund is managed by Nuveen Asset Management, LLC, a subsidiary of Nuveen, LLC. Details of individual fund managers and specific organizational structure are publicly available through Nuveen's website and SEC filings.
Top Products and Market Share
Key Offerings
- Tax-Exempt Income: The primary offering is tax-exempt income derived from investments in California municipal bonds. Market share data for closed-end municipal bond funds is fragmented and specific to individual fund performance. Competitors include other closed-end municipal bond funds managed by firms like BlackRock, Eaton Vance, and PIMCO. Specific market share for tax-exempt income is hard to determine.
Market Dynamics
Industry Overview
The closed-end fund industry focused on municipal bonds is influenced by interest rates, tax policies, and credit quality of municipal issuers. Demand is driven by investors seeking tax-advantaged income.
Positioning
Nuveen California Select Tax Free Income Closed Fund focuses on California municipal bonds, giving it a regional focus within the broader municipal bond market. A competitive advantage is its tax-exempt income stream for California residents. High fund ratings are beneficial to the Fund.
Total Addressable Market (TAM)
The total addressable market is the size of the US municipal bond market. Nuveen's position is relative to other closed-end funds within this market. TAM estimated > $4 Trillion.
Upturn SWOT Analysis
Strengths
- Tax-exempt income for California residents
- Experienced management team (Nuveen)
- Diversification within California municipal bonds
- Established track record
Weaknesses
- Sensitivity to interest rate changes
- Potential for market discount to NAV
- Concentration in California municipal bonds
- Management fees impacting returns
Opportunities
- Increasing demand for tax-exempt income
- Potential for capital appreciation as interest rates decline
- Expansion into other municipal bond sectors
- Active management to enhance returns
Threats
- Rising interest rates
- Credit downgrades of California municipal issuers
- Changes in tax laws reducing the attractiveness of municipal bonds
- Increased competition from other tax-advantaged investments
Competitors and Market Share
Key Competitors
- BlackRock (BLK)
- PIMCO (parent ALL)
- Eaton Vance (Eaton Vance is now part of Morgan Stanley, MS)
Competitive Landscape
Nuveen California Select Tax Free Income Closed Fund's advantages lie in its California focus and Nuveen's expertise. Disadvantages include potential market discount to NAV.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends are reflected in NAV performance and asset size. Refer to financial websites for detailed performance data.
Future Projections: Future projections are based on market conditions and management strategies. Analyst estimates are available on financial websites.
Recent Initiatives: Recent initiatives are typically communicated in press releases and shareholder reports from Nuveen.
Summary
Nuveen California Select Tax Free Income Closed Fund is a focused investment vehicle offering tax-exempt income to California residents. Its strengths include its experienced management and established track record. Weaknesses include interest rate sensitivity and market discount to NAV. Investors should monitor credit quality of California municipal issuers.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Nuveen Website
- SEC Filings
- Financial News Outlets
- Morningstar
Disclaimers:
This analysis is based on publicly available information and does not constitute financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nuveen California Select Tax Free Income Closed Fund
Exchange NYSE | Headquaters Chicago, IL, United States | ||
IPO Launch date 1992-06-19 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.
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