Pro-Nuveen California Amt-free Municipal Income Fund Institutional Investors Sentiment Runs High in Q1 2018

June 18, 2018 - By Clifton Ray

Sentiment for Nuveen California Amt-free Municipal Income Fund (NYSE:NKX)

Nuveen California Amt-free Municipal Income Fund (NYSE:NKX) institutional sentiment increased to 1 in Q1 2018. Its up 0.25, from 0.75 in 2017Q4. The ratio has increased, as 21 investment managers increased and opened new equity positions, while 21 sold and reduced holdings in Nuveen California Amt-free Municipal Income Fund. The investment managers in our partner’s database now hold: 3.43 million shares, up from 2.63 million shares in 2017Q4. Also, the number of investment managers holding Nuveen California Amt-free Municipal Income Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 11 Increased: 8 New Position: 13.

It closed at $13.51 lastly. It is down 10.96% since June 18, 2017 and is downtrending. It has underperformed by 23.53% the S&P500.

Apriem Advisors holds 0.46% of its portfolio in Nuveen California AMT-Free Quality Municipal Income Fund for 138,246 shares. Van Hulzen Asset Management Llc owns 55,410 shares or 0.23% of their US portfolio. Moreover, Diligent Investors Llc has 0.16% invested in the company for 20,218 shares. The New Jersey-based Landscape Capital Management L.L.C. has invested 0.09% in the stock. Advisors Asset Management Inc., a Colorado-based fund reported 282,743 shares.

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