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Nuveen California AMT-Free Quality Municipal Income Fund NYSE:NKX Stock Report

Last Price

US$11.64

Market Cap

US$553.1m

7D

-2.9%

1Y

1.7%

Updated

25 Apr, 2024

Data

Company Financials

Nuveen California AMT-Free Quality Municipal Income Fund

NYSE:NKX Stock Report

Market Cap: US$553.1m

NKX Stock Overview

Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc.

NKX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends1/6

Nuveen California AMT-Free Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen California AMT-Free Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$11.64
52 Week HighUS$12.23
52 Week LowUS$9.78
Beta0
1 Month Change-2.51%
3 Month Change2.83%
1 Year Change1.75%
3 Year Change-25.77%
5 Year Change-17.45%
Change since IPO-22.40%

Recent News & Updates

Nuveen California AMT-Free Municipal Income Fund  declares $0.0415 dividend

Feb 07

Nuveen California AMT-Free Municipal Income Fund dividend declines by 11.7% to $0.0415

Jan 11

Nuveen California AMT-Free Municipal Income Fund  declares $0.047 dividend

Dec 06

Recent updates

Nuveen California AMT-Free Municipal Income Fund  declares $0.0415 dividend

Feb 07

Nuveen California AMT-Free Municipal Income Fund dividend declines by 11.7% to $0.0415

Jan 11

Nuveen California AMT-Free Municipal Income Fund  declares $0.047 dividend

Dec 06

Nuveen California AMT-Free Municipal Income Fund  declares $0.047 dividend

Nov 04

Nuveen California AMT-Free Municipal Income Fund reduces dividend by 9.6%

Oct 06

Nuveen California AMT-Free Municipal Income Fund  declares $0.052 dividend

Aug 08

NKX Vs. PCQ: Comparing CA-Only Muni CEFs

Jul 15

Nuveen California AMT-Free Municipal Income Fund dips dividend -8% to $0.052/share

Jul 06

Nuveen California AMT-Free Municipal Income Fund  declares $0.0545 dividend

May 10

Nuveen California AMT-Free Municipal Income Fund  declares $0.0545 dividend

Jan 05

Nuveen California AMT-Free Municipal Income Fund  declares $0.0545 dividend

Dec 02

Shareholder Returns

NKXUS Capital MarketsUS Market
7D-2.9%1.9%1.0%
1Y1.7%28.1%21.9%

Return vs Industry: NKX underperformed the US Capital Markets industry which returned 31.6% over the past year.

Return vs Market: NKX underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is NKX's price volatile compared to industry and market?
NKX volatility
NKX Average Weekly Movement1.5%
Capital Markets Industry Average Movement3.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: NKX has not had significant price volatility in the past 3 months.

Volatility Over Time: NKX's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/an/awww.nuveen.com/CEF/Product/Overview.aspx?fundcode=NKX

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.

Nuveen California AMT-Free Quality Municipal Income Fund Fundamentals Summary

How do Nuveen California AMT-Free Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NKX fundamental statistics
Market capUS$553.14m
Earnings (TTM)-US$123.41m
Revenue (TTM)US$44.22m

0.0x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NKX income statement (TTM)
RevenueUS$44.22m
Cost of RevenueUS$0
Gross ProfitUS$44.22m
Other ExpensesUS$167.63m
Earnings-US$123.41m

Last Reported Earnings

Aug 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NKX perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

n/a

Payout Ratio
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