NKX
Price:
$12.62
Market Cap:
$599.88M
Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of California, United States. The fund primarily invests in undervalued municipal securities and other related investments the income which are exempt from regular federal and California income taxes and are rated Baa, BBB or higher with an average maturity of 20.17 years. It employs fundamental analysis with a bottom-up approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's...[Read more]
Industry
Asset Management - Income
IPO Date
2003-01-16
Stock Exchange
NYSE
Ticker
NKX
According to Nuveen California AMT-Free Quality Municipal Income Fund’s latest financial reports and current stock price. The company's current ROE is 15.21%. This represents a change of 292.44% compared to the average of 3.88% of the last 4 quarters.
The mean historical ROE of Nuveen California AMT-Free Quality Municipal Income Fund over the last ten years is 3.33%. The current 15.21% ROE has changed 357.20% with respect to the historical average. Over the past ten years (40 quarters), NKX's ROE was at its highest in in the August 2019 quarter at 11.04%. The ROE was at its lowest in in the May 2022 quarter at -6.28%.
Average
3.33%
Median
4.02%
Minimum
-15.71%
Maximum
15.75%
Discovering the peaks and valleys of Nuveen California AMT-Free Quality Municipal Income 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 = 1.33%
Maximum Annual ROE = 15.75%
Minimum Annual Increase = -1053.26%
Minimum Annual ROE = -15.71%
Year | ROE | Change |
---|---|---|
2024 | 6.38% | -140.63% |
2023 | -15.71% | 1.29% |
2022 | -1.13% | 29.59% |
2021 | -0.87% | -105.52% |
2020 | 15.75% | 340.55% |
2019 | 3.57% | -20.07% |
2018 | 4.47% | 1.33% |
2017 | 0.31% | -95.38% |
2016 | 6.76% | -50.81% |
2015 | 13.74% | -1053.26% |
The current ROE of Nuveen California AMT-Free Quality Municipal Income Fund (NKX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-3.48%
5-year avg
0.89%
10-year avg
3.33%
Nuveen California AMT-Free Quality Municipal Income Fund’s ROE is less than BlackRock California Municipal Income Trust (0%), less than BlackRock MuniYield Quality Fund, Inc. (3.08%), greater than BlackRock Municipal Income Fund, Inc. (-0.89%), less than BlackRock MuniVest Fund, Inc. (0.27%), less than PIMCO California Municipal Income Fund II (5.73%), less than PIMCO California Municipal Income Fund (4.99%), less than Eaton Vance California Municipal Bond Fund (6.03%), less than Invesco California Value Municipal Income Trust (7.35%), less than BlackRock MuniYield Fund, Inc. (18.35%), greater than BlackRock MuniYield Quality Fund III, Inc. (-0.96%), less than BlackRock MuniHoldings Quality Fund II, Inc. (4.56%), less than null (5.53%),
Company | ROE | Market cap |
---|---|---|
0% | $338.82M | |
3.08% | $839.02M | |
-0.89% | $877.58M | |
0.27% | $436.11M | |
5.73% | $183.58M | |
4.99% | $172.21M | |
6.03% | $227.48M | |
7.35% | $512.91M | |
18.35% | $476.09M | |
-0.96% | $729.81M | |
4.56% | $219.40M | |
5.53% | $0 |
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