What is the total return of NXC over the past year?
Nuveen California Select Tax-Free Income Portfolio (NXC) delivered a total return of 6.41% over the past year when dividends are reinvested. The price-only return was 2.47%, meaning dividends contributed an additional 3.95 percentage points to total returns.
How much would $10,000 invested in NXC be worth today?
A $10,000 investment in Nuveen California Select Tax-Free Income Portfolio one year ago would be worth $10,641 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $10,247. Dividend reinvestment added $395 to the portfolio value.
Does NXC pay dividends?
Yes, Nuveen California Select Tax-Free Income Portfolio (NXC) pays dividends. Over the past year, NXC paid 11 dividends totaling $0.4905 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.