Nuveen California Select Tax-Free Income Portfolio(NXC)Earnings, Financials & Key Ratios
NXC•NYSE
$13.29
38.0× P/E·Price updated Jun 20, 2026
AboutNuveen 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.Show more
- EBITDA$0-100.0%
- Net Income$2M-55.9%
- EPS (Diluted)0.35-56.3%
- Gross Margin100%
- Operating Margin90.84%-7.6%
- Net Margin60.71%-38.2%
- ROE2.54%-56.2%
NXC Price & Volume
Nuveen California Select Tax-Free Income Portfolio (NXC) stock price & volume — 10-year historical chart
Loading chart...
Persistent Asset Contraction Challenges Income Fund Sustainability
Investment Thesis • Updated 2024Q4
VerdictNegative
Growth:Contracting
Profitability:Strained
Financial:Healthy
Cash Flow:Deteriorating
Primary Risk:Portfolio yield reinvestment risk
Key Thesis Takeaways
- Nuveen California Select Tax-Free Income Portfolio faces significant headwinds as its total asset base has eroded from $101.5M in 2020Q4 to $88.8M by 2024Q4, signaling potential difficulties in maintaining historical interest-generating capacity.
- The fund's reliance on non-operating items to drive net margins—which reached 191.7% in 2024Q4—obscures the underlying volatility of its core revenue, which plummeted to $507.6K in the same period.
- Investors should exercise caution regarding the sustainability of future distributions, as the shift from $12.1M in retained earnings in 2020Q4 to a deficit of $881.0K suggests that internal capital generation is currently insufficient to support the fund's operational and payout requirements.
Verdict Logic
the combination of a revenue decline to $507.6K and the erosion of retained earnings into an $881.0K deficit suggests that the fund's current distribution policy may be unsustainable.
NXC Growth Metrics
Nuveen California Select Tax-Free Income Portfolio (NXC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-1.88%
5 Years-5.07%
3 Years1.9%
TTM-
Profit CAGR
10 Years-13.26%
5 Years-13.73%
3 Years-
TTM199.51%
EPS CAGR
10 Years-13.49%
5 Years-13.91%
3 Years-
TTM223.02%
Return on Capital
10 Years2.89%
5 Years2.42%
3 Years1.02%
Last Year3.79%
Peers Comparison
Key metrics vs top competitors for Nuveen California Select Tax-Free Income Portfolio (NXC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $13.29 | $85.77M | 37.97 | -28.59% | 60.71% | 2.54% | — | |
| $1009.43 | $156.46B | 28.50 | 18.67% | 24.4% | 10.5% | — | |
| $27.40 | $12.17B | -17.13 | 5.11% | -3.69% | -1.74% | — | |
| $120.16 | $26.15B | 12.99 | 3.12% | 28.28% | 17.56% | — | |
| $34.36 | $17.85B | 37.76 | 3.45% | 8.99% | 5.64% | — | |
| $222.04 | $350.22B | 21.77 | 11.48% | 15.13% | 16.22% | — |
Compare NXC vs Peers
Nuveen California Select Tax-Free Income Portfolio (NXC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Get notified when NXC posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
NXC Frequently Asked Questions
Nuveen California Select Tax-Free Income Portfolio (NXC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Nuveen California Select Tax-Free Income Portfolio's revenue?
Nuveen California Select Tax-Free Income Portfolio (NXC) reported $6.1M in revenue for fiscal year 2024.
How fast is Nuveen California Select Tax-Free Income Portfolio growing?
Nuveen California Select Tax-Free Income Portfolio (NXC) saw revenue decline by 28.6% over the past year.
Is NXC profitable?
Yes, Nuveen California Select Tax-Free Income Portfolio (NXC) is profitable, generating $7.3M in net income for fiscal year 2024 (60.7% net margin).
Dividend & Returns
What is NXC's return on equity?
Nuveen California Select Tax-Free Income Portfolio (NXC) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.