Nuveen California AMT-Free Quality Municipal Income Fund
NKX
Market cap $565M

11.80 USD

-0.02

0.17%

At close Aug 25, 4:00 PM EDT

1 day

-0.17%

5 days

-1.17%

1 month

2.25%

3 months

-0.84%

6 months

-7.60%

Year to date

-7.81%

1 year

-11.94%

5 years

-23.62%

10 years

-18.23%

About: Nuveen California AMT-Free Quality Municipal Income Fund is a diversified closed-end management investment company. Its investment objectives are to provide current income exempt from regular federal and California income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.

Financials Asset Management

0

Funds holding %

of 7,429 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

2% more funds holding

Funds holding: 65 [Q1] → 66 (+1) [Q2]

6% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 18

0.36% more ownership

Funds ownership: 15.13% [Q1] → 15.49% (+0.36%) [Q2]

4% less capital invested

Capital invested by funds: $90.6M [Q1] → $86.7M (-$3.89M) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for NKX.

See Analyst Rankings

Financial journalist opinion

NKX: Despite The Recent Drop, I Still Can't See A Buy Argument

Evaluating Nuveen California AMT-Free Quality Municipal Income Fund as an investment option at its current market price. NKX offers exposure to California's muni market, with income exempt from federal, AMT, and California state taxes. Initially cautious about NKX for California muni exposure, my reluctance has been vindicated since the start of the year.

NKX: Despite The Recent Drop, I Still Can't See A Buy Argument

NKX: Not The Fund I'd Select For Californian Muni Exposure

Evaluating Nuveen California AMT-Free Quality Municipal Income Fund as a current investment option. The fund has some positive attributes, but not enough for me to consider buying it now. The discount to NAV looks interesting on the surface, but the fund has many peers that have much wider discounts.

NKX: Not The Fund I'd Select For Californian Muni Exposure

Nuveen Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Nuveen Closed-End Funds Declare Distributions

Weekly Closed-End Fund Roundup: November 26, 2023

19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

See News Rankings

Charts implemented using Lightweight Charts™