Nuveen Select Tax-Free Income Portfolio

Nuveen Select Tax Free Income Portfolio operates as a closed-end investment fund/investment trust. It engages in the provision of current income exempted from regular federal income tax, consistent with preservation of capital by investing all of its assets in long-term municipal obligations with investment-grade ratings. The company was founded on March 19, 1992 and is headquartered in Chicago, IL.

Nuveen Quality Municipal Income Fund

Nuveen Quality Municipal Income Fund distributions are only about 52% covered by investment income. NAD is also leveraged, which helped returns in 2024 but may not be an advantage going forward as rates are no longer falling as fast. Nuveen Select Tax-Free Income Portfolio is unleveraged and fully covers its dividends with investment income.

NAD Vs. NXP Revisited: Time To Delever

Nuveen Select Tax-Free Income Portfolio is a non-leveraged muni CEF ranked as one of the top performers in the space. NXP carries a low expense ratio that can also help it perform better relative to peers. NXP raised its distribution recently, but it still shows strong distribution coverage, providing attractive tax-free income to investors.

NXP: An Attractive Non-Leveraged Tax-Free Muni CEF

Nuveen Floating Rate Income Fund

Nuveen Global High Income Fund

Nuveen Mortgage Opportunity Term Fund

Nuveen Multi-Market Income Fund

Nuveen Preferred & Income Opportunities Fund

Nuveen Preferred & Income Term Fund

Nuveen Credit Strategies Income Fund

Nuveen Real Asset Income & Growth Fund

Nuveen California Quality Municipal Income Fund

Nuveen New York Quality Muni Income Fund

Nuveen Arizona Quality Municipal Income Fund

Nuveen Build America Bond Fund

Nuveen California Municipal Value Fund

Nuveen Dynamic Municipal Opportunities Fund

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen Select Maturity Municipal Fund

Nuveen California AMT-Free Quality Municipal Income Fund

Nuveen Multi-Asset Income Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Income Fund Inc

Nuveen Minnesota Quality Municipal Income Fund

Nuveen Massachusetts Quality Municipal Income Fund

Nuveen Municipal High Income Opportunity Fund

Nuveen New York Municipal Value Fund

Nuveen Missouri Quality Municipal Income Fund

Nuveen Core Plus Impact Fund

Nuveen Variable Rate Preferred & Income Fund

Nuveen Virginia Quality Municipal Income Fund

Nuveen Pennsylvania Quality Municipal Income Fund

Nuveen New York AMT

Nuveen Municipal Value Fund Inc

Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Credit Income Fund

Nuveen California Select Tax-Free Income Portfolio

Nuveen New Jersey Quality Municipal Income Fund

Nuveen New York Select Tax-Free Income Portfolio

Nuveen Municipal Credit Income Fund

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Nuveen Closed-End Funds Declare Distributions

The Nuveen Quality Municipal Income Fund is expected to outperform unlevered funds in a falling rate environment. The Nuveen Select Tax-Free Income Portfolio is an unlevered fund with a similar long term total return to NAD and less volatility but with lower yield. The choice between NAD and NXP depends on an investor's economic outlook and preference for income stability or higher yield.

NAD Vs. NXP: Leverage, Quality, And Duration In Muni Bond Funds

NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

Nuveen Select Tax-Free Income Portfolio (NXP) and Nuveen AMT-Free Municipal Value Fund (NUW) are worth considering as tax-free income plays. NXP is trading at a slight discount, while NUW remains more attractive for potential upside if the discount narrows. Both funds have low or no leverage and focus on high-quality municipal securities, making them more conservative options in the fixed-income space while also looking to exploit discounts/premiums as CEFs.

NXP And NUW: 2 Tax-Free Income CEFs To Consider

NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of certain Nuveen municipal closed-end funds declared regular monthly distribution rates and updated certain distribution policies. Additionally, several leveraged municipal closed-end funds have announced distribution rate increases of between 7% and 24% to deliver higher monthly cash flows to shareholders. These changes are intended to help support secondary market trading in fund shares and improve each fund's discount to NAV. It is ant.

Nuveen Municipal Closed-End Funds Announce Distribution Updates

BlackRock Credit Allocation Income Trust

MFS High Yield Municipal Trust

DoubleLine Income Solutions Fund

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance

Flaherty & Crumrine Total Return Fund Inc

Blackrock Floating Rate Income Strategies Fund Inc

Deutsche Strategic Municipal Income Trust

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PIMCO Access Income Fund

Pimco High Income Fund

Putnam Master Intermediate Income Trust

Pimco New York Municipal Income Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset Premier Bond Fund

Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.

CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best

NXP and NUW are both municipal bond funds focused on higher quality portfolios. The overwhelming majority of their portfolios are invested in investment-grade municipal bonds.

NXP And NUW: 2 Higher Quality Muni Choices

iShares National Muni Bond ETF

What if I told you there was a way for you to get a steady 9% dividend tax-free?

My Top 3 Tax-Free Dividends Ranked Worst To First

Nuveen Intermediate Duration Municipal Term Fund

The Nuveen Select Tax-Free Income Portfolio is one of the few Municipal Bond CEFs that allows investor exposure without leverage. The Nuveen Intermediate Duration Municipal Term Fund was scheduled for possible termination in March 2023. The vote to eliminate that provision was approved in October 2022.

NXP And NID: Nuveen's Best National Muni CEFs Over Last 5 Years

At the end of 2021, Nuveen merged the three CEFs of the Select Tax-Free Portfolio into one fund. NXP is one of 15 National Tax-Free CEFs Nuveen offers. Along with looking deeply at NXP, I compare it against at least one CEF within its grouping with leverage and one CEF from the other two Nuveen Tax-Free groupings.

Nuveen Select Tax-Free Income Portfolio NXP: A Post-Merger Update

Axcelis Technologies

Applied Materials

Advanced Micro Devices

ASML Hld

NVIDIA

What could have been a devastating year for semiconductor manufacturers in the wake of a global pandemic and an escalating trade war with China wound up being just the opposite. What happened?

6 Top-Performing Chip Stocks Of 2021 — And Why To Watch Them In 2022

Last May, Nuveen announced the plan to merge their three Select series of Tax-Free Municipal Bond Closed-End-Funds. The original closing date was scheduled for after late September shareholder votes.

NXP Finally Swallows Up Its Sister Tax-Free CEFs

Nuveen Select Tax Free Income Portfolio 2

Nuveen Select Tax-Free Income Portfolio 3

NEW YORK--(BUSINESS WIRE)--The reorganization of Nuveen Select Tax-Free Income Portfolio 2 (NYSE: NXQ) and Nuveen Select Tax-Free Income Portfolio 3 (NYSE: NXR) into Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) was successfully completed prior to the opening of the New York Stock Exchange on December 6, 2021. In the reorganization, NXP acquired substantially all of the assets and liabilities of each of NXQ and NXR in a tax-free transaction in exchange for newly-issued common shares of NX

Nuveen Select Tax-Free Income Portfolios Reorganization Complete

Virtus AllianzGI Diversified Income & Convertible Fund

Virtus Artificial Intelligence & Technology Opportunities Fund

Blackrock Core Bond Trust

Blackrock Health Sciences Trust

BlackRock Science & Technology

BlackRock Utilities Infrastructure & Power Opportunities Trust

Calamos Dynamic Convertible & Income Fund

Calamos Convertible And High Income Fund

BlackRock Enhanced Capital and Income Fund

Calamos Strategic Total Return Fund

Flaherty & Crumrine Dynamic Preferred & Income Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Gabelli Dividend & Income Trust

GGM Macro Alignment ETF

John Hancock Tax-Advantaged Dividend Income Fund

Macquarie Global Infrastructure Total Return Fund Inc

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

Cohen & Steers Select Preferred and Income Fund

A reliable selection criterion for building a portfolio of funds that are likely to produce above-average returns over the long haul is the goal of every CEF investor. For me, the flexible combination of a positive NAV since inception, discount on NAV, and leverage represents a practical rule of thumb for long-term CEF investing.

CEF Focus Investing - My Rule Of Thumb In Action

I was recently reading an article by ADS Analytics titled CEF Mergers Present Another Risk For Income Investors only to discover afterwards a CEF I own was involved. I recently was sent a proxy vote request to approve merging NXP, NXQ, and NXR (I own) into one CEF if holders approve.

Nuveen Merging Their 3 Select-Tax-Free CEFs If Holders Approve

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen Select Tax-Free Income Portfolio (NYSE: NXP), Nuveen Select Tax-Free Income Portfolio 2 (NYSE: NXQ), and Nuveen Select Tax-Free Income Portfolio 3 (NYSE: NXR) have approved a proposal to reorganize the funds. The proposed reorganization, if approved by shareholders, would combine NXQ and NXR into NXP. The reorganization is intended to create a larger fund with lower operating expenses and increased trading volume on the exchange for co

Nuveen Select Tax-Free Income Portfolios Announce Proposed Reorganization

Most CEFs use leverage to increase yields. Added risk comes with that strategy. Nuveen offers six Municipal CEFs across several Muni sectors that invest without leverage. I will briefly compare NXP against these and four leveraged CEFs in terms of risk and return.

NXP: Nuveen Select Tax-Free Income Portfolio Provides Leverage-Free Municipal Bond Exposure

Western Asset High Income Opportunity Fund Inc

Nuveen Preferred & Income Securities Fund

BlackRock MuniYield Quality Fund II Inc

Leaning Towards Credit Quality In CEFs

Marvell Technology

Infrastructure semiconductor solutions provider Marvell Technology Group Ltd. (NASDAQ: MRVL) reported in-line fiscal third-quarter earnings but guided the fourth quarter lower.

Marvell's Valuation Keeps Morgan Stanley At Bay, While NXP Impresses With Growth Drivers, Returns

NXP Semiconductors

It's a cheap stock with interesting long-term growth potential.

Is NXP Semiconductors (NXPI) a Buy?

News for Nuveen Select Tax-Free Income Portfolio ETF (NXP)