Nuveen Arizona Quality Municipal Income Fund (NAZ) 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, Nuveen Arizona Quality Municipal Income Fund trades at a lower trailing P/E (18.9x 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 7.80%).
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 | NAZ | NKX |
|---|---|---|
| Share price | $10.61 | $10.40 |
| Market cap | — | $585.86M |
| 1-day change | +0.09% | -0.19% |
| P/E ratio (TTM) | 18.95 | 24.19 |
| EPS (TTM) | $0.56 | $0.43 |
| Dividend yield | 7.80% | 8.77% |
| Annual dividend | $0.828 | $0.912 |
| 52-week high | $13.42 | $13.20 |
| 52-week low | $10.18 | $10.30 |
| Distance from 52-week high | -20.94% | -21.21% |
| Average volume | 31.34K | 208.78K |
| Shares outstanding | — | 56.33M |
| Sector | Finance | Financial Services |
| Industry | Finance/Investors Services | 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 18.9x trailing P/E).
- The two companies sit in different sectors: Nuveen Arizona Quality Municipal Income Fund in Finance and Nuveen California AMT-Free Quality Municipal Income Fund in Financial 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.
Financial Services · Asset Management
NAZ vs NKX FAQ
Which has the lower P/E ratio, NAZ or NKX?
NAZ has the lower trailing P/E at 18.9, 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, Nuveen Arizona Quality Municipal Income Fund 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 7.80% for Nuveen Arizona Quality Municipal Income Fund.
Are Nuveen Arizona Quality Municipal Income Fund and Nuveen California AMT-Free Quality Municipal Income Fund in the same industry?
No. Nuveen Arizona Quality Municipal Income Fund is in the Finance sector, while Nuveen California AMT-Free Quality Municipal Income Fund is in Financial Services.