Nuveen California AMT-Free Quality Municipal Income Fund (NKX) vs Nuveen Municipal Credit Opportunities Fund (NMCO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Nuveen California AMT-Free Quality Municipal Income Fund is the larger company by market cap ($589.8 million vs $498.6 million), about 1.2 times the size. On valuation, Nuveen Municipal Credit Opportunities Fund trades at a lower trailing P/E (17.8x vs 24.3x for Nuveen California AMT-Free Quality Municipal Income Fund). Nuveen Municipal Credit Opportunities Fund offers the higher dividend yield (9.45% 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 | NKX | NMCO |
|---|---|---|
| Share price | $10.47 | $8.70 |
| Market cap | $589.80M | $498.58M |
| 1-day change | +0.67% | +2.23% |
| YTD return | — | -16.81% |
| 1-year return | — | -21.64% |
| 5-year return | — | -44.01% |
| P/E ratio (TTM) | 24.35 | 17.76 |
| EPS (TTM) | $0.43 | $0.49 |
| Dividend yield | 8.71% | 9.45% |
| Annual dividend | $0.912 | $0.822 |
| 52-week high | $13.20 | $11.00 |
| 52-week low | $10.30 | $8.33 |
| Distance from 52-week high | -20.68% | -20.91% |
| Average volume | 215.11K | 433.32K |
| Shares outstanding | 56.33M | 57.31M |
| 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 17.8x trailing P/E).
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
NKX vs NMCO FAQ
Which is bigger, Nuveen California AMT-Free Quality Municipal Income Fund or Nuveen Municipal Credit Opportunities Fund?
Nuveen California AMT-Free Quality Municipal Income Fund (NKX) is larger, with a market capitalization of $589.80M compared with $498.58M for Nuveen Municipal Credit Opportunities Fund (NMCO).
Which has the lower P/E ratio, NKX or NMCO?
NMCO has the lower trailing P/E at 17.8, 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, Nuveen California AMT-Free Quality Municipal Income Fund or Nuveen Municipal Credit Opportunities Fund?
Nuveen Municipal Credit Opportunities Fund has the higher yield at 9.45%, compared with 8.71% for Nuveen California AMT-Free Quality Municipal Income Fund.
Are Nuveen California AMT-Free Quality Municipal Income Fund and Nuveen Municipal Credit Opportunities Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.