Nuveen California Select Tax-Free Income Portfolio

Nuveen California Select Tax-Free Income Portfolioverified

NXC

Price:

$13.14

Market Cap:

$83.60M

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 domicil...[Read more]

Industry

Asset Management - Income

IPO Date

1992-06-19

Stock Exchange

NYSE

Ticker

NXC

The ROE as of December 2024 (TTM) for Nuveen California Select Tax-Free Income Portfolio (NXC) is 11.88%

According to Nuveen California Select Tax-Free Income Portfolio’s latest financial reports and current stock price. The company's current ROE is 11.88%. This represents a change of 278.89% compared to the average of 3.14% of the last 4 quarters.

Nuveen California Select Tax-Free Income Portfolio (NXC) Historical ROE (quarterly & annually)

How has NXC ROE performed in the past?

The mean historical ROE of Nuveen California Select Tax-Free Income Portfolio over the last ten years is 3.21%. The current 11.88% ROE has changed 270.24% with respect to the historical average. Over the past ten years (40 quarters), NXC's ROE was at its highest in in the August 2023 quarter at 7.35%. The ROE was at its lowest in in the May 2022 quarter at -3.55%.

Quarterly (TTM)
Annual

Average

3.21%

Median

4.67%

Minimum

-6.87%

Maximum

9.57%

Nuveen California Select Tax-Free Income Portfolio (NXC) ROE by Quarter and Year

Discovering the peaks and valleys of Nuveen California Select Tax-Free Income Portfolio 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 = 3.25%

Maximum Annual ROE = 9.57%

Minimum Annual Increase = -183.42%

Minimum Annual ROE = -6.87%

Quarterly (TTM)
Annual
YearROEChange
20245.73%-183.42%
2023-6.87%375.91%
2022-1.44%-124.81%
20215.82%21.22%
20204.80%5.66%
20194.54%3.28%
20184.40%1.69%
20170.25%-95.36%
20165.29%-44.72%
20159.57%3.25%

Nuveen California Select Tax-Free Income Portfolio (NXC) Average ROE

How has NXC ROE performed in the past?

The current ROE of Nuveen California Select Tax-Free Income Portfolio (NXC) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-0.86%

5-year avg

1.61%

10-year avg

3.21%

Nuveen California Select Tax-Free Income Portfolio (NXC) ROE vs. Peers

How is NXC’s ROE compared to its peers?

Nuveen California Select Tax-Free Income Portfolio’s ROE is less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Invesco High Income 2024 Target Term Fund (11.57%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.63%), less than MFS Investment Grade Municipal Trust (2.17%), less than Federated Hermes Premier Municipal Income Fund (3.80%), greater than Invesco High Income 2023 Target Term Fund (-2.88%), greater than Nuveen Corporate Income 2023 Target Term Fund (-2.88%),

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