Nuveen California Select Tax Free Income Portfolio Sentiment Increases on Better Stock Potential

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 2018 Q4. Its up 1.33, from 1.17 in 2018Q3. The ratio is positive, as 10 investment managers started new and increased equity positions, while 4 sold and decreased equity positions in Nuveen California Select Tax Free Income Portfolio. The investment managers in our partner’s database now own: 274,542 shares, up from 199,945 shares in 2018Q3. Also, the number of investment managers holding Nuveen California Select Tax Free Income Portfolio in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 2 Increased: 5 New Position: 5.

Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The company has market cap of $88.33 million. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It has a 147.98 P/E ratio. It invests in the fixed income markets of California.

The stock decreased 0.28% or $0.04 during the last trading session, reaching $13.91. About 268 shares traded. Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) has declined 2.40% since March 14, 2018 and is downtrending. It has underperformed by 6.77% the S&P500.

Winfield Associates Inc. holds 0.13% of its portfolio in Nuveen California Select Tax-Free Income Portfolio for 16,000 shares. B. Riley Wealth Management Inc. owns 28,000 shares or 0.08% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.04% invested in the company for 34,896 shares. The New York-based Karpus Management Inc. has invested 0.03% in the stock. First Foundation Advisors, a California-based fund reported 13,810 shares.

More notable recent Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) news were published by: Seekingalpha.com which released: “Weekly Closed-End Fund Roundup: DBL Distribution Cut – Seeking Alpha” on December 23, 2018, also Businesswire.com with their article: “Nuveen Closed-End Funds Declare Distributions – Business Wire” published on February 01, 2019, Seekingalpha.com published: “NACCO Industries Inc.: Terrific Upside In An Overlooked Industry – Seeking Alpha” on November 15, 2018. More interesting news about Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) were released by: Seekingalpha.com and their article: “PG&E in spotlight as California burns – Seeking Alpha” published on November 11, 2018 as well as Seekingalpha.com‘s news article titled: “Weekly Review: Municipal Bond CEFs – Another Solid Performance From The Funds In The Sector – Seeking Alpha” with publication date: December 13, 2018.

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