NKX (Nuveen California AMT-Free Quality Municipalome Fund) Valuation Rank


NKX Nuveen California AMT-Free Quality Municipal Income Fund NKX
33 GF Score
Price $12.59
! 7 Warning Signs
View Full Analysis

What is Nuveen California AMT-Free Quality Municipalome Fund Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Nuveen California AMT-Free Quality Municipalome Fund Valuation Rank Related Terms

NKX
33GF Score
Nuveen California AMT-Free Quality Municipal Income Fund NKX
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen California AMT-Free Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
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

Get the complete analysis for NKX

Valuation Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.59
Price