Nuveen CA Select Tax-Free Income Portfolio
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.
0
Funds holding %
of 7,363 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
39% more funds holding
Funds holding: 18 [Q3] → 25 (+7) [Q4]
2% more capital invested
Capital invested by funds: $9.45M [Q3] → $9.61M (+$165K) [Q4]
0.96% more ownership
Funds ownership: 10.73% [Q3] → 11.68% (+0.96%) [Q4]
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Research analyst outlook
We haven’t received any recent analyst ratings for NXC.
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
Sell Equities, Buy Municipal Debt At A 7.21% Discount With Nuveen California Select Tax-Free Income Portfolio
Municipal CEFs like Nuveen California Select Tax-Free Income Portfolio offer tax-free returns, low leverage, and are currently trading at a discount. NXC invests in high-quality municipal securities, with an average coupon of 3.68% and a distribution rate on NAV of 3.97%. The fund's market price is $13.17, NAV is $13.69, and it's trading at a 3.80% discount, presenting a potential profit opportunity.
Neutral
Business Wire
9 months ago
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.
Neutral
Business Wire
1 year ago
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.
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