NXC:NYE-Nuveen California Select Tax-Free Income Portfolio (USD)

ETF | Asset Management | New York Stock Exchange

Last Closing

USD 13.39

Change

+0.03 (+0.22)%

Market Cap

USD 0.10B

Volume

5.90K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

To provide stable dividends exempt from both regular Federal income tax and California personal income tax. It will invest substantially all of its assets in a diversified portfolio of long-term, investment grade quality California municipal obligations which are either covered by insurance or backed by an escrow or trust account containing US government or agency securities to ensure timely payments of principal and interest. It may invest up to 20% of its assets in municipal bonds that pay interest subject to the Federal alternative minimum tax.

Inception Date: 19/06/1992

Primary Benchmark: BBgBarc Municipal TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.37%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Asset Management

Symbol Name Mer Price(Change) Market Cap
BX Blackstone Group Inc 0.00 %

N/A

USD 154.61B
BLK BlackRock Inc 0.00 %

N/A

USD 113.49B
KKR KKR & Co LP 0.00 %

N/A

USD 89.77B
APO Apollo Global Management LLC C.. 0.00 %

N/A

USD 63.76B
BN Brookfield Corp 0.00 %

N/A

USD 62.04B
BK Bank of New York Mellon 0.00 %

N/A

USD 42.86B
ARES Ares Management LP 0.00 %

N/A

USD 41.39B
AMP Ameriprise Financial Inc 0.00 %

N/A

USD 41.08B
OWL Blue Owl Capital Inc 0.00 %

N/A

USD 26.09B
STT State Street Corp 0.00 %

N/A

USD 22.87B

ETFs Containing NXC

VEQT:CA Vanguard All-Equity ETF P.. 6.54 % 0.25 %

N/A

CAD 3.94B
VRIF:CA Vanguard Retirement Incom.. 6.13 % 0.00 %

N/A

CAD 0.29B
VGRO:CA Vanguard Growth Portfolio 5.20 % 0.25 %

N/A

CAD 4.84B
VBAL:CA Vanguard Balanced Portfol.. 4.11 % 0.25 %

N/A

CAD 2.65B
VCIP:CA Vanguard Conservative Inc.. 1.49 % 0.25 %

N/A

CAD 0.20B

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.69% 68% D+ 57% F
Dividend Return 1.07% 15% F 57% F
Total Return 5.76% 62% D 58% F
Trailing 12 Months  
Capital Gain 0.37% 27% F 30% F
Dividend Return 3.31% 13% F 48% F
Total Return 3.68% 20% F 29% F
Trailing 5 Years  
Capital Gain -5.17% 73% C 38% F
Dividend Return 14.96% 7% C- 58% F
Total Return 9.79% 47% F 38% F
Average Annual (5 Year Horizon)  
Capital Gain -3.51% 55% F 26% F
Dividend Return -0.66% 32% F 25% F
Total Return 2.85% 11% F 59% D-
Risk Return Profile  
Volatility (Standard Deviation) 8.32% 91% A- 84% B
Risk Adjusted Return -7.96% 28% F 23% F
Market Capitalization 0.10B 12% F 23% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector