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
Nuveen California Select Tax Free Income Closed Fund (NXC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2009: -0.014x
Based on the latest financial reports, Nuveen California Select Tax Free Income Closed Fund (NXC) has a cash flow conversion efficiency ratio of -0.014x as of February 2009.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.20 Million) by net assets ($82.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nuveen California Select Tax Free Income Closed Fund - Cash Flow Conversion Efficiency Trend (2007–2009)
This chart illustrates how Nuveen California Select Tax Free Income Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nuveen California Select Tax Free Income Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nuveen California Select Tax Free Income Closed Fund ranked by their cash flow conversion efficiency.
Annual Cash Flow Conversion Efficiency for Nuveen California Select Tax Free Income Closed Fund (2007–2009)
The table below shows the annual cash flow conversion efficiency of Nuveen California Select Tax Free Income Closed Fund from 2007 to 2009.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2009-02-28 | $82.95 Million | $-1.20 Million | -0.014x | -1952.43% |
| 2008-02-29 | $88.22 Million | $68.87K | 0.001x | -98.60% |
| 2007-02-28 | $92.18 Million | $5.14 Million | 0.056x | -- |