Nuveen California Select Tax-Free Income Portfolio chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & Yield0.52$ (3.77%)
Beta 0.27
Market capitalization 86.76M
Operating cash flow N/A
ESG Scores unknown

Company description

Nuveen 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.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-02-28
Change To Liabilities
Total Cashflows From Investing Activities
Net Borrowings
Total Cash From Financing Activities
Change To Operating Activities
Issuance Of Stock
Net Income 4.39M 4.7M 5.85M -1.39M
Change In Cash
Effect Of Exchange Rate
Total Cash From Operating Activities
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities
Change To Netincome
Capital Expenditures

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-02-28
Research Development
Income Before Tax 4.39M 4.7M 5.85M -1.39M
Net Income 4.39M 4.7M 5.85M -1.39M
Selling General Administrative 517.14k 355.04k 352.42k 350.37k
Gross Profit 3.72M 3.73M 3.62M 3.5M
Ebit 3.2M 3.38M 3.27M 3.15M
Operating Income 3.2M 3.38M 3.27M 3.15M
Interest Expense -367 -367 -367 -367
Income Tax Expense
Total Revenue 3.72M 3.73M 3.62M 3.5M
Cost Of Revenue
Total Other Income ExpenseNet 1.18M 1.33M 2.58M -4.54M
Net Income From Continuing Ops 4.39M 4.7M 5.85M -1.39M
Net Income Applicable To Common Shares 4.39M 4.7M 5.85M -1.39M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-02-28
Total Liabilities 344.22k 991.95k 943.57k 979.06k
Total Stockholder Equity 96.57M 98.01M 100.6M 96.35M
Other Current Liabilities 249.87k 266.35k 266.13k 244.2k
Total Assets 96.92M 99M 101.54M 97.33M
Common Stock 63.5k 63.52k 63.56k 63.61k
Other Current Assets
Retained Earnings 8.15M 9.56M 12.08M 7.76M
Treasury Stock
Cash 206.73k 1.09M
Total Current Liabilities 344.22k 991.95k 943.57k 979.06k
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 1.47M 1.8M 2.14M 2.82M
Net Tangible Assets 96.57M 98.01M 100.6M 96.35M
Net Receivables 1.27M 1.8M 1.05M 2.82M
Accounts Payable 563.49k


Insider Transactions

Here are the insider transactions of stock shares related to Nuveen California Select Tax-Free Income Portfolio:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NUVEEN INSTITUTIONAL ADVISORY CORPSale at price 13.25 per share.1994-09-08Investment Advisor6k
NUVEEN INSTITUTIONAL ADVISORY CORPSale at price 13.25 per share.1994-08-25Shareholder1.07k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Nuveen California Select Tax-Free Income Portfolio. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Nuveen California Select Tax-Free Income Portfolio

Here is the result of two systematic investment strategies applied to Nuveen California Select Tax-Free Income Portfolio. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Nuveen California Select Tax-Free Income Portfolio

The following chart shows the equity curve of the two systematic investment strategies applied to Nuveen California Select Tax-Free Income Portfolio:

Nuveen California Select Tax-Free Income Portfolio automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 3.99% on the backtest period.

Performance at glance

Performance

3.99 %

Latent gain

89.23 $

Invested capital

2233.67 $

Annualized return

0.96 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Nuveen California Select Tax-Free Income Portfolio

This is the result of two momentum investment strategies applied to Nuveen California Select Tax-Free Income Portfolio. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Nuveen California Select Tax-Free Income Portfolio

The following chart shows all the entries opened by the momentum investment system on Nuveen California Select Tax-Free Income Portfolio:

Nuveen California Select Tax-Free Income Portfolio momentum entries
  • The first momentum investment strategy would give 7.16% of return on Nuveen California Select Tax-Free Income Portfolio. That represents 467.86$ of latent gain with 6532.88$ of employed capital.
  • The second momentum investment strategy would give 6.8% of return on Nuveen California Select Tax-Free Income Portfolio. That represents 289.57$ of latent gain with 4260.11$ of employed capital.
Performance at glance (1Q Momentum)

Performance

7.16 %

Latent gain

467.86 $

Invested capital

6532.88 $

Annualized return

1.0 %
Performance at glance (2Q Momentum)

Performance

6.8 %

Latent gain

289.57 $

Invested capital

4260.11 $

Annualized return

1.86 %

Momentum equity curve on Nuveen California Select Tax-Free Income Portfolio

The following chart shows the equity curve of the two momentum strategies applied to Nuveen California Select Tax-Free Income Portfolio:

Nuveen California Select Tax-Free Income Portfolio momentum equity

Note: the dividends potentially given by Nuveen California Select Tax-Free Income Portfolio are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Nuveen California Select Tax-Free Income Portfolio

The following chart shows the employed capital evolution of the two momentum strategies on Nuveen California Select Tax-Free Income Portfolio since the beginning:

Nuveen California Select Tax-Free Income Portfolio

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Nuveen California Select Tax-Free Income Portfolio

Buy the dip entry openings on Nuveen California Select Tax-Free Income Portfolio

Nuveen California Select Tax-Free Income Portfolio

The performance achieved by the robo-advisor on Nuveen California Select Tax-Free Income Portfolio is 2.14%. That represents 10.74$ of latent gain with 501.9$ of employed capital. The following chart shows Nuveen California Select Tax-Free Income Portfolio stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Nuveen California Select Tax-Free Income Portfolio, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

2.14 %

Latent gain

10.74 $

Invested capital

501.9 $

Annualized return

1.0 %

Equity curve of the strategy applied to Nuveen California Select Tax-Free Income Portfolio

The following chart shows the result of the investment strategy applied to Nuveen California Select Tax-Free Income Portfolio:

Nuveen California Select Tax-Free Income Portfolio

Note: the dividends potentially given by Nuveen California Select Tax-Free Income Portfolio are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Nuveen California Select Tax-Free Income Portfolio

The following chart shows the employed capital evolution since the beginning of the investment strategy on Nuveen California Select Tax-Free Income Portfolio:

Nuveen California Select Tax-Free Income Portfolio

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Nuveen California Select Tax-Free Income Portfolio

In this section, I will compare the three previous investment strategies applied to Nuveen California Select Tax-Free Income Portfolio.

Equity curve comparison on Nuveen California Select Tax-Free Income Portfolio

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Nuveen California Select Tax-Free Income Portfolio investment strategy comparison

Employed capital comparison on Nuveen California Select Tax-Free Income Portfolio

Nuveen California Select Tax-Free Income Portfolio investment comparison

Performance comparison on Nuveen California Select Tax-Free Income Portfolio

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 3.99% 89.23$ 2233.67$ 0.96%
Momentum 1 quarter 7.16% 467.86$ 6532.88$ 1.84%
Momentum 2 quarters 6.8% 289.57$ 4260.11$ 1.86%
Non-directional 2.14% 10.74$ 501.9$ 1.0%
Annualized return comparison

Automatic investment

0.96 %

Momentum 1Q

1.86 %

Momentum 2Q

1.86 %

Non-directional

1.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Nuveen California Select Tax-Free Income Portfolio:

Positive correlations

Most correlated stocks this year

  • Nuveen California Select Tax-Free Income Portfolio

  • Most correlated stocks last 3 months

  • Nuveen California Select Tax-Free Income Portfolio

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Nuveen California Select Tax-Free Income Portfolio and the other stocks. There may be false positives or some missing correlated stocks. If the price of Nuveen California Select Tax-Free Income Portfolio does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Nuveen California Select Tax-Free Income Portfolio
    Country United States
    City Chicago
    Address 333 West Wacker Drive
    Phone 312 917 7700
    Website www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NXC&refsrc=vu_nuveen.com/nxc
    FullTime employees
    Industry Asset Management
    Sector Financial Services
    Exchange XNYS
    Ticker NXC
    Market www.nyse.com

    Nuveen California Select Tax-Free Income Portfolio ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown