Nuveen California Amt-free Municipal Income Fund (NKX): Inc Citigroup , 10% owner of Nuveen California Amt-free Municipal Income Fund sold 315 shares on Sep 13, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $100,000.00 per share for a total value of $315 , the company said in a SEC Form 4 Filing.
Shares of Nuveen California Amt-Free Munpl Incm Fd (NKX) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -1.06% at $16.85 with 148,926 shares getting traded. Post opening the session at $17.03, the shares hit an intraday low of $16.77 and an intraday high of $17.05 and the price vacillated in this range throughout the day. The company has a market cap of $804 M and the number of outstanding shares has been calculated to be 47,708,456 shares. The 52-week high of Nuveen California Amt-Free Munpl Incm Fd is $17.35 and the 52-week low is $14.38.
Nuveen California AMT-Free Municipal Income Fund (the Fund) is a closed-ended fund. The Fund’s investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and California income tax and to enhance portfolio value. The Fund invests in sectors such as tax obligation/limited tax obligation/general healthcare water and sewer utilities transportation consumer staples the United States guaranteed housing and multifamily and education and civic organizations. The Fund’s fund manager and investment advisor is Nuveen Fund Advisors LLC.