Nuveen California Select Tax Free Income Closed Fund Asset Resilience Ratio
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. See NXC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nuveen California Select Tax Free Income Closed Fund (2018–2024)
Asset resilience ratio of Nuveen California Select Tax Free Income Closed Fund from 2018 to 2024. This chart shows how Nuveen California Select Tax Free Income Closed Fund's Asset Resilience Ratio has changed over time. Read total liabilities of Nuveen California Select Tax Free Income for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see NXC current and non-current assets.
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 |
|---|---|---|
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD |
Asset Management | 46.19% |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI |
Asset Management | 0.09% |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS |
Asset Management | -31.09% |
|
Sprott Physical Gold Trust
TO:PHYS |
Asset Management | 99.78% |
|
Industrivarden AB ser. C
ST:INDU-C |
Asset Management | 0.16% |
|
Julius Baer Gruppe AG
SW:BAER |
Asset Management | 15.49% |
|
HDFC Asset Management Company Limited
NSE:HDFCAMC |
Asset Management | 0.30% |
|
Nippon Life India Asset Management Limited
NSE:NAM-INDIA |
Asset Management | 5.50% |
Nuveen California Select Tax Free Income Closed Fund Asset Resilience Ratio by Year (2018–2024)
Nuveen California Select Tax Free Income Closed Fund asset resilience ratio by year from 2018 to 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