NXC (Nuveen CA Select Tax Freeome Port) Beta: N/A (As of Jun. 25, 2026)


NXC Nuveen CA Select Tax Free Income Port NXC
25 GF Score
Price $13.29
! 5 Warning Signs
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What is Nuveen CA Select Tax Freeome Port Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Nuveen CA Select Tax Freeome Port's Beta is Not available.

Nuveen CA Select Tax Freeome Port  (NYSE:NXC) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Nuveen CA Select Tax Freeome Port Beta Related Terms

Nuveen CA Select Tax Freeome Port Beta Historical Data

* Premium members only.

The historical data trend for Nuveen CA Select Tax Freeome Port's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen CA Select Tax Freeome Port Beta Chart

Nuveen CA Select Tax Freeome Port Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Feb23 Feb24 Feb25
Beta
Get a 7-Day Free Trial 0.40 0.27 0.26 0.30 0.26

Nuveen CA Select Tax Freeome Port Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.30 -0.11 0.26 -0.06
NXC
25GF Score
Nuveen CA Select Tax Free Income Port NXC
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen CA Select Tax Freeome Port Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Nuveen CA Select Tax Freeome Port Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen CA Select Tax Free Income Port is a diversified closed-end management investment company. Its objective is to provide stable dividends exempt from both regular federal and California income taxes, consistent with the preservation of capital by investing in municipal obligations.
25GF Score

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