Nuveen California Select Tax-Free Income Portfolio
$13.15
+$0.02 (+0.15%)
Jan 5, 2026
Price History (1Y)
Analysis
The Nuveen California Select Tax-Free Income Portfolio operates within the sector of Financial Services and industry of Asset Management. As a relatively small company, its market capitalization is $84.87 million. Financially, the portfolio has shown negative profitability, with a net income (TTM) of -$2,527,529. However, it has maintained high gross margins at 100.0% and operating margins at 90.8%. Returns on equity have been negative at -2.9%, while returns on assets are slightly positive at 2.4%. The portfolio's balance sheet is characterized by a low current ratio of 2.38 and no debt. Valuation metrics indicate that the price to book ratio is 1.01, and the price to sales ratio is 22.99. Revenue growth has been negative over the past year, with a decline of -0.6%. The portfolio's dividend yield is exceptionally high at 393.0%, but its payout ratio is also elevated at 151.7%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Nuveen California Select Tax-Free Income Portfolio
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.
Visit website →Key Statistics
- Market Cap
- $84.87M
- P/E Ratio
- N/A
- 52-Week High
- $13.45
- 52-Week Low
- $12.41
- Avg Volume
- 23.71K
- Beta
- 0.29
- Dividend Yield
- 393.00%
Company Info
- Industry
- Asset Management
- Exchange
- NYQ
- Country
- United States