# Nuveen California Amt-Free Quality Municipal Income Fund (NKX) — Overview

NKX · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nkx

## Price

Last close $10.62 on Oct 15, 2026. 52-week range $10.40 – $13.15.

## Company profile

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.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $47.0M |
| Revenue (quarter) | $23.7M |
| Revenue growth (year over year) | 1.73% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $22.9M |
| Net income (quarter) | $62.4M |
| Net income growth (year over year) | 2852.51% |
| Net margin | 48.72% |
| Return on equity | 3.59% |
| EPS (trailing twelve months) | $0.34 |
| Book value per share | $12.35 |
| P/E (trailing twelve months) | 26.1 |
| Price to book | 0.9 |
| Debt to assets | 39.70% |
| Payout ratio | -115.90% |
| Dividend yield | 8.48% |

## Frequently Asked Questions

### Is Nuveen California Amt-Free Quality Municipal Income Fund (NKX) profitable?

Yes. Nuveen California Amt-Free Quality Municipal Income Fund earned $22.9M in net income over the trailing twelve months, a net margin of 48.72%.

### How much revenue does Nuveen California Amt-Free Quality Municipal Income Fund (NKX) make?

Nuveen California Amt-Free Quality Municipal Income Fund generated $47.0M in revenue over the trailing twelve months, up 1.73% year over year.

### What is NKX's P/E ratio?

Nuveen California Amt-Free Quality Municipal Income Fund trades at 26.1 times trailing twelve-month earnings, on an EPS of $0.34.

### How do I buy stock in Nuveen California Amt-Free Quality Municipal Income Fund (NKX)?

NKX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).