NXC - Nuveen CA Sel Tax-Free Income

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Nuveen California Select Tax-Free Income Portfolio, a closed-ended fixed income mutual fund, was launched by Nuveen Investments Inc. Co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC, the fund focuses on the fixed income markets of California. Established on June 19, 1992, it is headquartered in the United States.

The fund primarily invests in municipal bonds, aiming to provide tax-free income to its investors. It selects securities from companies operating across various sectors, ensuring a diversified portfolio. This strategy helps mitigate risk while targeting stable returns through interest income exempt from federal and California state taxes.

Employing fundamental analysis, Nuveen California Select Tax-Free Income Portfolio carefully constructs its portfolio to optimize performance. The fund benchmarks its results against two key indices: the Barclays Capital California Municipal Bond Index and the S&P California Municipal Bond Index. These benchmarks help gauge the fund's performance relative to the broader market of California municipal bonds.

Nuveen California Select Tax-Free Income Portfolio aims to serve investors seeking tax-advantaged income through strategic investments in high-quality municipal bonds. By leveraging the expertise of its co-managers and adhering to rigorous analytical processes, the fund strives to maintain a strong performance record in the competitive landscape of municipal bond investing.

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