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Nuveen California AMT-Free Quality Municipal Income Fund (NKX) vs Invesco Municipal Opportunity (VMO)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

On valuation, Nuveen California AMT-Free Quality Municipal Income Fund trades at a lower trailing P/E (24.1x vs 30.1x for Invesco Municipal Opportunity). Invesco Municipal Opportunity offers the higher dividend yield (8.91% vs 8.81%).

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

Head-to-head

NKX versus VMO key metrics
MetricNKXVMO
Share price$10.35$8.42
Market cap$583.10M—
1-day change-0.66%+0.30%
YTD return—-12.33%
1-year return—-12.05%
5-year return—-38.67%
P/E ratio (TTM)24.0730.05
EPS (TTM)$0.43$0.28
Dividend yield8.81%8.91%
Annual dividend$0.912$0.75
52-week high$13.20$10.10
52-week low$10.33$8.12
Distance from 52-week high-21.58%-16.68%
Analyst consensus—none
Average volume208.78K284.36K
Shares outstanding56.33M—
SectorFinanceFinance
IndustryFinance/Investors ServicesTrusts Except Educational Religious and Charitable

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.

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

About Invesco Municipal Opportunity

VMO stock →

Invesco Municipal Opportunity Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc.

Finance · Trusts Except Educational Religious and Charitable

NKX vs VMO FAQ

Which has the lower P/E ratio, NKX or VMO?

NKX has the lower trailing P/E at 24.1, versus 30.1 for VMO. 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 Invesco Municipal Opportunity?

Invesco Municipal Opportunity has the higher yield at 8.91%, compared with 8.81% for Nuveen California AMT-Free Quality Municipal Income Fund.

Are Nuveen California AMT-Free Quality Municipal Income Fund and Invesco Municipal Opportunity in the same industry?

Both are in the Finance sector, but in different industries: Finance/Investors Services for Nuveen California AMT-Free Quality Municipal Income Fund and Trusts Except Educational Religious and Charitable for Invesco Municipal Opportunity.

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