NXC News and Press, Nuveen California Select Tax-Free Income Portfolio From 10/13/21

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI and DSL. For further details see: The Quality Closed-End Fund Report: September 2021

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are FEI, FPL and AOD. For further details see: The Quality Closed-End Fund Report, July 2021

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. Only one fund with >100% coverage had a negative z-score this month. For further details see: The Quality Closed-End Fund Report, June 2021

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. GAB rights offering is now live. IGA/IGD/IDE tender results were pleasing, DEX tender coming up. DSE to merge into an open-ended fund soon. Portfolio holdings: distribution boost...

Nineteen out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. MLPs lead while munis lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: May 2, 2021

Nuveen California Select Tax-Free Income Portfolio (NXC) declares $0.04/share monthly dividend, in line with previous.Forward yield 2.92%Payable June 1; for shareholders of record May 14; ex-div May 13.See NXC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. With discounts contracting, few non-muni income choices are attractively valued anymore. For further details see: The Quality Closed-End Fund Report, April 2021