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Nuveen California AMT-Free Quality Municipal Income Fund (NKX) vs New Mountain Finance (NMFC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

New Mountain Finance is the larger company by market cap ($643.2 million vs $585.9 million), about 1.1 times the size. New Mountain Finance offers the higher dividend yield (17.77% vs 8.77%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

NKX-0.19%NMFC+1.04%
+1%+0%-0%
Oct 7, 20261 yearOct 8, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

NKX versus NMFC key metrics
MetricNKXNMFC
Share price$10.40$6.81
Market cap$585.86M$643.22M
1-day change-0.19%+1.04%
YTD return—-26.06%
1-year return—-26.38%
5-year return—-50.07%
P/E ratio (TTM)24.19—
Forward P/E—6.49
EPS (TTM)$0.43$-0.48
Dividend yield8.77%17.77%
Annual dividend$0.912$1.21
52-week high$13.20$9.84
52-week low$10.30$6.69
Distance from 52-week high-21.21%-30.79%
Analyst consensus—none
Avg. price target upside—+21.73%
Average volume208.78K522.85K
Shares outstanding56.33M94.45M
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset 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

  • New Mountain Finance offers a meaningfully higher dividend yield (17.77% vs 8.77%).

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

About New Mountain Finance

NMFC stock →

New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in “defensive growth” industries. The fund prefers investing in buyout and middle market companies.

Financial Services · Asset Management

NKX vs NMFC FAQ

Which is bigger, Nuveen California AMT-Free Quality Municipal Income Fund or New Mountain Finance?

New Mountain Finance (NMFC) is larger, with a market capitalization of $643.22M compared with $585.86M for Nuveen California AMT-Free Quality Municipal Income Fund (NKX).

Which pays a higher dividend, Nuveen California AMT-Free Quality Municipal Income Fund or New Mountain Finance?

New Mountain Finance has the higher yield at 17.77%, compared with 8.77% for Nuveen California AMT-Free Quality Municipal Income Fund.

Are Nuveen California AMT-Free Quality Municipal Income Fund and New Mountain Finance in the same industry?

Yes. Both are classified in the Asset Management industry within the Financial Services sector.

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