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Upturn AI SWOT - About
Nuveen California Select Tax Free Income Closed Fund (NXC)
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Upturn Advisory Summary
04/01/2025: NXC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -13.41% | Avg. Invested days 41 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 83.92M USD | Price to earnings Ratio 15.34 | 1Y Target Price - |
Price to earnings Ratio 15.34 | 1Y Target Price - | ||
Volume (30-day avg) 16458 | Beta 0.28 | 52 Weeks Range 12.32 - 13.94 | Updated Date 04/1/2025 |
52 Weeks Range 12.32 - 13.94 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 4.21% | Basic EPS (TTM) 0.86 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 137.94% | Operating Margin (TTM) 91.61% |
Management Effectiveness
Return on Assets (TTM) 2.39% | Return on Equity (TTM) 5.79% |
Valuation
Trailing PE 15.34 | Forward PE - | Enterprise Value 82336344 | Price to Sales(TTM) 22.71 |
Enterprise Value 82336344 | Price to Sales(TTM) 22.71 | ||
Enterprise Value to Revenue 15.27 | Enterprise Value to EBITDA - | Shares Outstanding 6362280 | Shares Floating - |
Shares Outstanding 6362280 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 16.67 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Nuveen California Select Tax Free Income Closed Fund
Company Overview
History and Background
Nuveen California Select Tax Free Income Closed Fund (NXQ) is a closed-end fund that invests primarily in municipal securities. Founded to provide California investors with tax-exempt income.
Core Business Areas
- Municipal Bond Investments: Invests in a portfolio of California municipal bonds to generate tax-free income for shareholders.
Leadership and Structure
Nuveen is the investment manager. The fund is overseen by a board of directors and managed by a team of fixed-income investment professionals.
Top Products and Market Share
Key Offerings
- Tax-Exempt Income: Provides California residents with tax-exempt income through investments in municipal bonds. The fund's market share is a small percentage of the overall municipal bond fund market. Competitors include other Nuveen funds as well as funds from BlackRock and PIMCO.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings, and economic conditions. Demand for tax-exempt income drives investment in municipal bond funds.
Positioning
NXQ is positioned to provide California investors with a consistent stream of tax-free income. It competes with other California-specific municipal bond funds.
Total Addressable Market (TAM)
The TAM is the total value of the California municipal bond market. NXQ aims to capture a portion of this market by offering tax-exempt income to California residents.
Upturn SWOT Analysis
Strengths
- Tax-exempt income for California residents
- Experienced management team
- Diversified portfolio of municipal bonds
Weaknesses
- Interest rate risk
- Credit risk
- Discount to net asset value (NAV)
Opportunities
- Rising demand for tax-exempt income
- Potential for capital appreciation
- Expansion of fund assets under management (AUM)
Threats
- Changes in tax laws
- Economic downturn
- Increased competition from other municipal bond funds
Competitors and Market Share
Key Competitors
- VCA
- NVX
- NKX
Competitive Landscape
NXQ competes with other California municipal bond funds based on yield, expense ratio, and overall fund performance. Brand recognition of Nuveen is a competitive advantage.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by attracting new investors and reinvesting income. Fund size can fluctuate with market conditions.
Future Projections: Future growth depends on the overall demand for tax-exempt income and the fund's ability to generate consistent returns.
Recent Initiatives: Nuveen may undertake initiatives to optimize the fund's portfolio and enhance shareholder value.
Summary
Nuveen California Select Tax Free Income Closed Fund (NXQ) provides tax-exempt income for California residents through municipal bond investments. The fund's performance depends on the municipal bond market's conditions and interest rate fluctuations. Key strengths include its tax-advantaged income and experienced management. Potential threats involve changes in tax laws and increased competition.
Similar Companies
NVX
Novonix Ltd ADR
NVX
Novonix Ltd ADR
Sources and Disclaimers
Data Sources:
- Nuveen Fund Website
- SEC Filings
- Morningstar
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share estimates are approximations and may vary based on data sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nuveen California Select Tax Free Income Closed Fund
Exchange NYSE | Headquaters Chicago, IL, United States | ||
IPO Launch date 1992-06-19 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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 domiciled in the United States.
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