NCA
Price:
$8.44
Market Cap:
$279.43M
Nuveen California Municipal Value Fund 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 primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal and California income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P California Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen California Municipal Value F...[Read more]
Industry
Asset Management
IPO Date
1987-10-07
Stock Exchange
NYSE
Ticker
NCA
According to Nuveen California Municipal Value Fund’s latest financial reports and current stock price. The company's current ROE is 15.49%. This represents a change of 283.96% compared to the average of 4.03% of the last 4 quarters.
The mean historical ROE of Nuveen California Municipal Value Fund over the last ten years is 2.83%. The current 15.49% ROE has changed 446.43% with respect to the historical average. Over the past ten years (40 quarters), NCA's ROE was at its highest in in the August 2023 quarter at 10.95%. The ROE was at its lowest in in the May 2022 quarter at -4.19%.
Average
2.83%
Median
3.11%
Minimum
-8.56%
Maximum
11.36%
Discovering the peaks and valleys of Nuveen California Municipal Value Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.92%
Maximum Annual ROE = 11.36%
Minimum Annual Increase = -165.80%
Minimum Annual ROE = -8.56%
Year | ROE | Change |
---|---|---|
2024 | 5.64% | -165.80% |
2023 | -8.56% | 1.92% |
2022 | -0.42% | -28.60% |
2021 | -0.59% | -105.23% |
2020 | 11.36% | 298.79% |
2019 | 2.85% | -15.28% |
2018 | 3.36% | 247.18% |
2017 | 0.97% | -78.49% |
2016 | 4.51% | -51.22% |
2015 | 9.24% | 1.61% |
The current ROE of Nuveen California Municipal Value Fund (NCA) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-1.12%
5-year avg
1.48%
10-year avg
2.83%
Nuveen California Municipal Value Fund’s ROE is less than Nuveen California Select Tax-Free Income Portfolio (11.88%), less than Nuveen New York Municipal Value Fund (5.71%), less than Nuveen California Quality Municipal Income Fund (6.12%), less than Nuveen California AMT-Free Quality Municipal Income Fund (15.21%), less than Nuveen Municipal Income Fund, Inc. (4.55%),
Company | ROE | Market cap |
---|---|---|
11.88% | $83.28M | |
5.71% | $151.28M | |
6.12% | $1.63B | |
15.21% | $599.88M | |
4.55% | $94.58M |
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