Gladstone Investment Business Development (GAIN) 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, Gladstone Investment Business Development trades at a lower trailing P/E (3.7x vs 24.2x for Nuveen California AMT-Free Quality Municipal Income Fund). Nuveen California AMT-Free Quality Municipal Income Fund offers the higher dividend yield (8.77% vs 6.24%).
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 | GAIN | NKX |
|---|---|---|
| Share price | $15.38 | $10.40 |
| Market cap | — | $585.86M |
| 1-day change | +0.59% | -0.19% |
| YTD return | +10.09% | — |
| 1-year return | +12.92% | — |
| 5-year return | +4.55% | — |
| P/E ratio (TTM) | 3.65 | 24.19 |
| Forward P/E | 15.15 | — |
| EPS (TTM) | $4.21 | $0.43 |
| Dividend yield | 6.24% | 8.77% |
| Annual dividend | $0.96 | $0.912 |
| 52-week high | $17.14 | $13.20 |
| 52-week low | $13.11 | $10.30 |
| Distance from 52-week high | -10.27% | -21.21% |
| Analyst consensus | none | — |
| Avg. price target upside | +10.53% | — |
| Average volume | 178.34K | 208.78K |
| Shares outstanding | — | 56.33M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
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 (24.2x vs 3.7x trailing P/E).
- Nuveen California AMT-Free Quality Municipal Income Fund offers a meaningfully higher dividend yield (8.77% vs 6.24%).
About Gladstone Investment Business Development
GAIN stock →Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups.
Financial Services · Asset Management
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.
Financial Services · Asset Management
GAIN vs NKX FAQ
Which has the lower P/E ratio, GAIN or NKX?
GAIN has the lower trailing P/E at 3.7, versus 24.2 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, Gladstone Investment Business Development or Nuveen California AMT-Free Quality Municipal Income Fund?
Nuveen California AMT-Free Quality Municipal Income Fund has the higher yield at 8.77%, compared with 6.24% for Gladstone Investment Business Development.
Are Gladstone Investment Business Development and Nuveen California AMT-Free Quality Municipal Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.