Notable Mover: Nuveen California Select Tax Free Income Portfolio’s (NYSE:NXC) Sentiment is 2.5

November 18, 2016 - By Marguerite Chambers   ·   0 Comments

Notable Mover: Nuveen California Select Tax Free Income Portfolio's (NYSE:NXC) Sentiment is 2.5

Sentiment for Nuveen California Select Tax Free Income Portfolio (NYSE:NXC)

Nuveen California Select Tax Free Income Portfolio (NYSE:NXC) institutional sentiment increased to 2.5 in Q2 2016. Its up 2.21, from 0.29 in 2016Q1. The ratio is positive, as 2 active investment managers increased or opened new holdings, while 7 sold and decreased their stock positions in Nuveen California Select Tax Free Income Portfolio. The active investment managers in our partner’s database now have: 251,399 shares, down from 348,103 shares in 2016Q1. Also, the number of active investment managers holding Nuveen California Select Tax Free Income Portfolio in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 5 Increased: 2 New Position: 0.

Nuveen California Select Tax-Free Income Portfolio is a diversified closed-end management investment company. The company has a market cap of $94.38 million. The Fund’s investment objective is to provide stable dividends exempt from both regular federal income tax and California personal income tax, consistent with preservation of capital. It currently has negative earnings. The Fund invests in municipal securities that are exempt from federal and California state income taxes.

About 4,158 shares traded hands. Nuveen CA Select Tax-Free Income Portfol (NYSE:NXC) has declined 7.85% since April 18, 2016 and is downtrending. It has underperformed by 12.28% the S&P500.

Apriem Advisors holds 0.04% of its portfolio in Nuveen CA Select Tax-Free Income Portfol for 7,000 shares. Lpl Financial Llc owns 58,558 shares or 0.01% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 17,513 shares. The Kansas-based Creative Planning has invested 0% in the stock. D.A. Davidson & Co., a Montana-based fund reported 947 shares.#img1#

NXC Company Profile

Nuveen California Select Tax-Free Income Portfolio (the Fund), incorporated on March 30, 1992, is a diversified closed-end management investment company. The Fund’s investment objective is to provide stable dividends exempt from both regular federal income tax and California personal income tax, consistent with preservation of capital. The Fund seeks to provide attractive monthly tax-free income, portfolio diversification and attractive after tax total returns. The Fund invests in municipal securities that are exempt from federal and California state income taxes.

More notable recent Nuveen CA Select Tax-Free Income Portfol (NYSE:NXC) news were published by: Businesswire.com which released: “Nuveen Announces Results of Closed-End Fund Shareholder Meetings” on August 19, 2014, also Businesswire.com with their article: “Nuveen Closed-End Funds Declare Distributions” published on August 01, 2016, 247Wallst.com published: “UBS Highlights Top Tax-Free Closed-End Municipal Bond Funds to Own (NUV, NXR …” on March 29, 2013. More interesting news about Nuveen CA Select Tax-Free Income Portfol (NYSE:NXC) were released by: Businesswire.com and their article: “Nuveen Announces Update to Closed-End Fund Portfolio Management Team” published on May 26, 2016 as well as Seekingalpha.com‘s news article titled: “Tax-Free Income For Those Who Need It Most: California Municipal Bond CEFs” with publication date: October 15, 2015.

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By Marguerite Chambers


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