Nuveen California Select Tax-Free Income Portfolio (NXC) Stock

About Nuveen California Select Tax-Free Income Portfolio

The Nuveen California Select Tax-Free Income Portfolio is a closed-end mutual fund specializing in fixed-income investments. Initially established by Nuveen Investments Inc., the fund's oversight is a collaborative effort between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its investment mandate targets California's fixed-income markets, with a pronounced emphasis on municipal bonds. The portfolio diversifies its holdings by acquiring securities issued by entities spanning various economic sectors. The selection and composition of its assets are determined through rigorous fundamental analysis. For evaluating its financial performance, the fund is benchmarked against both the Barclays Capital California Municipal Bond Index and the S&P California Municipal Bond Index. With an inception date of June 19, 1992, the portfolio is legally based in the United States.

Nuveen California Select Tax-Free Income Portfolio is headquartered in US.

Nuveen California Select Tax-Free Income Portfolio (NXC) stock trades at $13.29 with a market capitalization of $85.77M. The stock is valued at a negative price-to-earnings (P/E) ratio of -34.08, reflecting a net loss over the last twelve months, price-to-book of 1.02, price-to-sales of 38.21. Over the past 52 weeks the stock has ranged between $12.41 and $13.45, and currently trades 1.2% below its 52-week high. It pays a dividend yielding 3.91%.

On profitability, Nuveen California Select Tax-Free Income Portfolio generates a return on equity (ROE) of -2.94% (negative, reflecting a net loss), return on capital employed of -3.48%, an operating margin of -130.61%, a net profit margin of -112.59%.

Official website: www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NXC&refsrc=vu_nuveen.com/nxc

Nuveen California Select Tax-Free Income Portfolio by the numbers, 2015–2024

Between 2015 and 2024 Nuveen California Select Tax-Free Income Portfolio reported revenue of $5.0M rising to $4.0M, a change of -20.0% across 10 years. Compounded, revenue has grown -4.4% a year over five years, 0.0% over three, -20.0% over the last twelve months. Net profit fell to $2.0M.

Operating margin went from 115.2% in 2015 to 90.8% in 2024, a fall of 24.4 percentage points. The most recent net margin is -112.59%. On a trailing twelve-month basis to Sep '25, revenue is $7.0M and net profit $2.0M.

Borrowings stand at $0, cash on hand is $7.3M, cash from operations was $0 in the latest year, positive in 0 of the last 10.

Return on equity has averaged 1.2% over five years, and was 2.3% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Nuveen California Select Tax-Free Income Portfolio (NXC) — frequently asked questions