Nuveen CA Select Tax-Free Income Portfolio (NXC)

• Market cap: $86.2M
• 1 day: -0.37%
• 5 days: 1.73%
• 1 month: -0.95%
• 3 months: -0.88%
• 6 months: 4.31%
• Year to date: 5.45%
• 1 year: 9.01%
• 5 years: -13.03%
• 10 years: -14.19%

About: Nuveen CA Select Tax Free Income Port is a diversified closed-end management investment company. Its objective is to provide stable dividends exempt from both regular federal and California income taxes, consistent with the preservation of capital by investing primarily in municipal obligations.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

1.86% less ownership

Funds ownership: 12.59% [Q2] → 10.73% (-1.86%) [Q3]

9% less capital invested

Capital invested by funds: $10.4M [Q2] → $9.45M (-$930K) [Q3]

22% less funds holding

Funds holding: 23 [Q2] → 18 (-5) [Q3]

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7