* 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 California AMT-Free Quality Municipalome Fund Buyback Yield % Chart
Nuveen California AMT-Free Quality Municipalome Fund Annual Data
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nuveen California AMT-Free Quality Municipalome Fund Buyback Yield % vs Asset Management Industry
* 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 California AMT-Free Quality Municipalome Fund (NKX) has a Buyback Yield % of -9.95 as of Jul. 12, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Nuveen California AMT-Free Quality Municipalome Fund and its competitors. According to the industry distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #638 out of 768 companies in the Asset Management industry, placing it in the top 83.1%.
Is Nuveen California AMT-Free Quality Municipalome Fund's Buyback Yield % too high?
Nuveen California AMT-Free Quality Municipalome Fund's current Buyback Yield % is -9.95. Based on the distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #638 out of 768 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nuveen California AMT-Free Quality Municipalome Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen California AMT-Free Quality Municipalome Fund's Buyback Yield % compare to BOT and NMFC?
According to the Asset Management industry distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #638 out of 768 companies for Buyback Yield %. This places Nuveen California AMT-Free Quality Municipalome Fund in the lower half of its industry. The industry median Buyback Yield % is 0.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for an Asset Management company?
The median Buyback Yield % among Asset Management companies is 0.21, based on 768 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Nuveen California AMT-Free Quality Municipalome Fund and its competitors. For the Asset Management industry, the median Buyback Yield % is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen California AMT-Free Quality Municipalome Fund's current Buyback Yield % is -9.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen California AMT-Free Quality Municipalome Fund stock overvalued right now?
Nuveen California AMT-Free Quality Municipalome Fund (NKX) has a current Buyback Yield % of -9.95. The current Buyback Yield % is -9.95. Nuveen California AMT-Free Quality Municipalome Fund's overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Nuveen California AMT-Free Quality Municipalome Fund (NKX), the current Buyback Yield % is -9.95 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nuveen California AMT-Free Quality Municipalome Fund Business Description
Nuveen California AMT-Free Quality Municipal Income Fund is a closed-end fixed income mutual fund. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Arizona individual income taxes and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued. It invests across sectors such as healthcare, utilities, transportation, and housing.
33GF Score
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