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NXC
Upturn stock ratingUpturn stock rating

Nuveen California Select Tax Free Income Closed Fund (NXC)

Upturn stock ratingUpturn stock rating
$13.17
Last Close (24-hour delay)
Profit since last BUY0%
upturn advisory
Consider higher Upturn Star rating
BUY since 1 day
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

06/30/2025: NXC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$13.17
high$

Analysis of Past Performance

Type Stock
Historic Profit -1.42%
Avg. Invested days 39
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

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

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Nuveen California Select Tax Free Income Closed Fund

stock logo

Company Overview

overview logo History and Background

Nuveen California Select Tax Free Income Closed Fund was created to provide current income exempt from federal and California state income taxes by investing primarily in municipal securities. Details on its founding year and milestones require further research.

business area logo Core Business Areas

  • Municipal Securities Investment: Primary investment focus is on California municipal bonds to generate tax-free income.

leadership logo Leadership and Structure

Information on the specific leadership team and organizational structure of Nuveen's closed-end funds requires further research.

Top Products and Market Share

overview logo Key Offerings

  • California Municipal Bond Portfolio: A portfolio of California municipal securities designed to generate tax-exempt income. The market share and competitors are difficult to ascertain precisely due to the specific nature of the closed-end fund structure and the municipal bond market. Competitors include other Nuveen and Blackrock closed-end funds.

Market Dynamics

industry overview logo Industry Overview

The closed-end fund industry invests in a variety of asset classes, including municipal bonds. The demand for tax-exempt income, particularly in high-tax states like California, influences market dynamics.

Positioning

The fund is positioned to appeal to California residents seeking tax-advantaged income. Its competitive advantage lies in its specific focus on California municipal bonds.

Total Addressable Market (TAM)

The TAM is represented by the total value of California municipal bonds outstanding. Further information is needed to find the exact number. The Fund aims to capture a share of this market by offering a diversified portfolio of these bonds to investors seeking tax-free income.

Upturn SWOT Analysis

Strengths

  • Tax-exempt income for California residents
  • Professional management by Nuveen
  • Diversified portfolio of California municipal bonds

Weaknesses

  • Closed-end fund structure can lead to price volatility
  • Interest rate risk
  • Concentration in California municipal bonds

Opportunities

  • Increasing demand for tax-advantaged investments
  • Potential for capital appreciation
  • Expansion of fund offerings

Threats

  • Rising interest rates
  • Changes in tax laws
  • Credit risk of municipal bond issuers

Competitors and Market Share

competitor logo Key Competitors

  • MUB
  • VTEB
  • HYD

Competitive Landscape

Nuveen CA Select Tax Free Income Fund is one of many closed-end municipal bond funds. The competetive landscape is based on yield and geographic focus.

Growth Trajectory and Initiatives

Historical Growth: Assessing historical growth trends requires analysis of NAV and market price performance over time.

Future Projections: Analyst estimates for closed-end funds are often limited, requiring careful consideration of market trends and fund-specific factors.

Recent Initiatives: Information on recent strategic initiatives undertaken by the fund requires further research.

Summary

Nuveen California Select Tax Free Income Closed Fund offers tax-exempt income to California residents through a portfolio of municipal bonds. The fund's strength lies in its tax advantages, but it faces risks from interest rate fluctuations and credit events. The fund benefits from Nuveen's management expertise. Monitoring the fund's NAV and market price relative to competitors is crucial.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings
  • Financial websites (e.g., Yahoo Finance, Bloomberg)
  • Nuveen website

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share and financial performance data might be estimates and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.