Nuveen California Select Tax Free Income Closed Fund - Asset Resilience Ratio
Nuveen California Select Tax Free Income Closed Fund (NXC) has an Asset Resilience Ratio of 7.22% as of August 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2024)
This chart shows how Nuveen California Select Tax Free Income Closed Fund's Asset Resilience Ratio has changed over time. Check how strategically is Nuveen California Select Tax Free Income's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Nuveen California Select Tax Free Income Closed Fund's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Nuveen California Select Tax Free Income (NXC) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $6.10 Million | 7.22% |
| Total Liquid Assets | $6.10 Million | 7.22% |
Asset Resilience Insights
- Limited Liquidity: Nuveen California Select Tax Free Income Closed Fund maintains only 7.22% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Nuveen California Select Tax Free Income Closed Fund Industry Peers by Asset Resilience Ratio
Compare Nuveen California Select Tax Free Income Closed Fund's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Sprott Physical Gold Trust
TO:PHYS |
Asset Management | 99.63% |
|
Sprott Physical Silver
TO:PSLV |
Asset Management | 99.90% |
|
KBC Ancora
BR:KBCA |
Asset Management | 1.63% |
|
Brederode SA
BR:BREB |
Asset Management | 0.01% |
|
OCI Co Ltd
KO:010060 |
Asset Management | 6.27% |
|
Shaanxi International Trust Co Ltd
SHE:000563 |
Asset Management | 12.83% |
|
Cuprum
SN:CUPRUM |
Asset Management | 4.66% |
|
Hainan Haide Industry Co Ltd
SHE:000567 |
Asset Management | 32.29% |
Annual Asset Resilience Ratio for Nuveen California Select Tax Free Income Closed Fund (2018–2024)
The table below shows the annual Asset Resilience Ratio data for Nuveen California Select Tax Free Income Closed Fund.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-02-29 | 1.12% | $1.00 Million | $89.34 Million | -0.83pp |
| 2019-02-28 | 1.95% | $1.89 Million | $96.92 Million | +0.91pp |
| 2018-02-28 | 1.04% | $1.00 Million | $95.73 Million | -- |
About Nuveen California Select Tax Free Income Closed Fund
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. … Read more