NKX (Nuveen California AMT-Free Quality Municipalome Fund) ROE % Adjusted to Book Value: 19.44% (As of Feb. 2026)


NKX Nuveen California AMT-Free Quality Municipal Income Fund NKX
33 GF Score
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What is Nuveen California AMT-Free Quality Municipalome Fund ROE % Adjusted to Book Value?

Nuveen California AMT-Free Quality Municipalome Fund NKX +0.24% 33 ROE % Adjusted to Book Value is 19.44% as of Feb. 2026. GuruFocus rates NKX with a GF Score™ of 33/100. The stock has 7 warning signs investors should review.

Nuveen California AMT-Free Quality Municipalome Fund's ROE % for the quarter that ended in Feb. 2026 was 20.22%. Nuveen California AMT-Free Quality Municipalome Fund's PB Ratio for the quarter that ended in Feb. 2026 was 1.04. Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value for the quarter that ended in Feb. 2026 was 19.44%.


Nuveen California AMT-Free Quality Municipalome Fund ROE % Adjusted to Book Value Related Terms


Nuveen California AMT-Free Quality Municipalome Fund ROE % Adjusted to Book Value Historical Data

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The historical data trend for Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value 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 California AMT-Free Quality Municipalome Fund ROE % Adjusted to Book Value Chart

Nuveen California AMT-Free Quality Municipalome Fund Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Aug25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.92 -1.21 -15.84 7.51 -6.08

Nuveen California AMT-Free Quality Municipalome Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROE % Adjusted to Book Value 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.33 4.50 0.68 -13.06 19.44

NKX vs BOT, NMFC, BOE: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* 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 ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value falls into.


NKX
33GF Score
Nuveen California AMT-Free Quality Municipal Income Fund NKX
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen California AMT-Free Quality Municipalome Fund ROE % Adjusted to Book Value Calculation

Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value for the fiscal year that ended in Aug. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-6.20% / 1.02
=-6.08%

Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value for the quarter that ended in Feb. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=20.22% / 1.04
=19.44%

* 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.

What does a ROE % Adjusted to Book Value of 19.44% mean?
Nuveen California AMT-Free Quality Municipalome Fund (NKX) has a ROE % Adjusted to Book Value of 19.44% as of Feb. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nuveen California AMT-Free Quality Municipalome Fund and its competitors.
Is Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value too high?
Nuveen California AMT-Free Quality Municipalome Fund's current ROE % Adjusted to Book Value is 19.44%. 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 ROE % Adjusted to Book Value compare to BOT and NMFC?
Nuveen California AMT-Free Quality Municipalome Fund's ROE % Adjusted to Book Value of 19.44% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nuveen California AMT-Free Quality Municipalome Fund and its competitors. Nuveen California AMT-Free Quality Municipalome Fund's current ROE % Adjusted to Book Value is 19.44%. 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 ROE % Adjusted to Book Value of 19.44%. The current ROE % Adjusted to Book Value is 19.44%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Nuveen California AMT-Free Quality Municipalome Fund (NKX), the current ROE % Adjusted to Book Value is 19.44% as of Feb. 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

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

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