Nuveen CA Select Tax-Free Income Portfolio (NXC)

• Market cap: $85.3M
• 1 day: -1.62%
• 5 days: -1.83%
• 1 month: -3.80%
• 3 months: -2.40%
• 6 months: -0.15%
• Year to date: 4.28%
• 1 year: 10.11%
• 5 years: -13.94%
• 10 years: -12.99%

About: Nuveen CA Select Tax Free Income Port is a diversified closed-end management investment company. Its objective is to provide stable dividends exempt from both regular federal and California income taxes, consistent with the preservation of capital by investing primarily in municipal obligations.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

10% more funds holding

Funds holding: 21 [Q1] → 23 (+2) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

2.75% less ownership

Funds ownership: 15.34% [Q1] → 12.59% (-2.75%) [Q2]

21% less capital invested

Capital invested by funds: $13.1M [Q1] → $10.4M (-$2.7M) [Q2]