BlackRock Credit Allocation Income (BTZ) vs Nuveen California AMT-Free Quality Municipal Income Fund (NKX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, BlackRock Credit Allocation Income trades at a lower trailing P/E (15.2x vs 24.3x for Nuveen California AMT-Free Quality Municipal Income Fund). BlackRock Credit Allocation Income offers the higher dividend yield (10.70% vs 8.71%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BTZ | NKX |
|---|---|---|
| Share price | $9.41 | $10.47 |
| Market cap | — | $589.80M |
| 1-day change | -0.05% | +0.68% |
| YTD return | -12.93% | — |
| 1-year return | -15.20% | — |
| 5-year return | -37.43% | — |
| P/E ratio (TTM) | 15.18 | 24.35 |
| EPS (TTM) | $0.62 | $0.43 |
| Dividend yield | 10.70% | 8.71% |
| Annual dividend | $1.01 | $0.912 |
| 52-week high | $11.18 | $13.20 |
| 52-week low | $9.25 | $10.30 |
| Distance from 52-week high | -15.83% | -20.68% |
| Average volume | 361.57K | 215.11K |
| Shares outstanding | — | 56.33M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Nuveen California AMT-Free Quality Municipal Income Fund trades at a higher earnings multiple (24.3x vs 15.2x trailing P/E).
- BlackRock Credit Allocation Income offers a meaningfully higher dividend yield (10.70% vs 8.71%).
About BlackRock Credit Allocation Income
BTZ stock →BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited.
Finance · Finance/Investors Services
About Nuveen California AMT-Free Quality Municipal Income Fund
NKX stock →Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC.
Finance · Finance/Investors Services
BTZ vs NKX FAQ
Which has the lower P/E ratio, BTZ or NKX?
BTZ has the lower trailing P/E at 15.2, versus 24.3 for NKX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BlackRock Credit Allocation Income or Nuveen California AMT-Free Quality Municipal Income Fund?
BlackRock Credit Allocation Income has the higher yield at 10.70%, compared with 8.71% for Nuveen California AMT-Free Quality Municipal Income Fund.
Are BlackRock Credit Allocation Income and Nuveen California AMT-Free Quality Municipal Income Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.