Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
Nuveen California Select Tax Free Income Closed Fund (NXC)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: 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 -3.99% | Avg. Invested days 46 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
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 formed to provide 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.
Leadership and Structure
The fund is managed by Nuveen Fund Advisors, LLC, an investment management subsidiary of Teachers Insurance and Annuity Association (TIAA).
Top Products and Market Share
Key Offerings
- Tax-Exempt Income Generation: Provides California residents with tax-free income through investments in municipal bonds. Market share data for individual closed-end funds is not readily available; however, Nuveen is a major player in the municipal bond market. Competitors include BlackRock, Invesco, and Eaton Vance.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit quality, and state and federal tax policies. Demand for tax-exempt income is driven by high-income individuals in high-tax states.
Positioning
Nuveen California Select Tax Free Income Closed Fund is positioned as a provider of tax-exempt income for California residents, leveraging Nuveen's expertise in municipal bond management.
Total Addressable Market (TAM)
The TAM is the total value of the California municipal bond market, estimated to be in the hundreds of billions of dollars. Nuveen's fund aims to capture a portion of this market by offering a convenient way for investors to access tax-exempt income.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Tax-exempt income for California residents
- Diversified portfolio of municipal bonds
Weaknesses
- Closed-end fund structure can lead to trading at a discount to NAV
- Interest rate risk
- Credit risk of municipal bonds
Opportunities
- Rising tax rates in California increasing demand for tax-exempt income
- Increased focus on socially responsible investing within municipal bond issuance
- Expansion of municipal bond offerings
Threats
- Rising interest rates decreasing bond values
- Credit downgrades of California municipal bonds
- Changes in federal or state tax laws reducing the benefit of tax-exempt income
Competitors and Market Share
Key Competitors
- VCA (Nuveen California Municipal Value Fund, Inc.)
- NKX (Nuveen California AMT-Free Quality Municipal Income Fund)
- NAD (Nuveen Quality Municipal Fund, Inc.)
Competitive Landscape
NCE faces competition from other municipal bond funds. Nuveen's brand and expertise are competitive advantages, but the closed-end fund structure can create disadvantages related to trading at a discount.
Growth Trajectory and Initiatives
Historical Growth: Growth is generally tied to the performance of the California municipal bond market and the fund's ability to generate tax-exempt income.
Future Projections: Future growth depends on factors such as interest rate environment, credit quality of municipal bonds, and investor demand for tax-exempt income.
Recent Initiatives: Recent initiatives may include adjustments to the fund's portfolio allocation or distribution policy.
Summary
Nuveen California Select Tax Free Income Closed Fund (NCE) offers California residents tax-exempt income through municipal bond investments. Its strength lies in Nuveen's expertise, but risks include interest rate fluctuations and potential credit downgrades. Investors should monitor NAV performance, distribution rates, and market conditions. The fund faces competition from other municipal bond funds and the closed-end fund structure presents a unique challenge.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Nuveen Fund Advisors
- SEC Filings
- Financial News Outlets
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.