Nuveen Select Tax-Free Income Portfolio 3

Nuveen Select Tax Free Income Portfolio 3 operates as a closed-end investment fund. Its primary objective is current income exempt from regular federal income tax, consistent with preservation of capital. The company was founded on May 28, 1992 and is headquartered in Chicago, IL.

Nexus Industrial REIT stock has seen positive total returns since our last article but has given back two-thirds of its peak gains. The Q4 2023 report shows plenty to be optimistic about, but the AFFO payout ratio is bordering on 100%. We look at the safety of the yield and tell you why we would buy it even if it was cut.

Nexus Industrial: A Look At The Safety Of The 8.5% Yield

Nexus Industrial REIT (OTC:EFRTF) Q3 2023 Earnings Call Transcript November 15, 2023 1:00 PM ET Company Participants Kelly Hanczyk - CEO Robert Chiasson - CFO Conference Call Participants Fred Blondeau - Laurentian Bank Securities Mike Markidis - BMO Capital Markets Brad Sturges - Raymond James Kyle Stanley - Desjardins Himanshu Gupta - Scotiabank Jimmy Shan - RBC Capital Markets Operator Thank you for standing by. This is the conference operator.

Nexus Industrial REIT (EFRTF) Q3 2023 Earnings Call Transcript

Nexus Industrial REIT (OTC:EFRTF) Q2 2023 Results Conference Call August 14, 2023 1:00 PM ET Company Participants Kelly Hanczyk - CEO Robert Chiasson - CFO Conference Call Participants Fred Blondeau - Laurentian Bank Securities Brad Sturges - Raymond James Himanshu Gupta - Scotiabank Jimmy Shan - RBC Capital Markets Kyle Stanley - Desjardins Matt Kornack - National Bank Financial Gaurav Mathur - iA Capital Markets Mike Markidis - BMO Capital Markets Operator Thank you for standing by. This is the conference operator.

Nexus Industrial REIT (EFRTF) Q2 2023 Earnings Call Transcript

Nexus Industrial REIT (OTC:EFRTF) Q1 2023 Earnings Conference Call May 15, 2023 11:00 AM ET Company Participants Kelly Hanczyk - CEO & Trustee Robert Chiasson - CFO & Secretary Conference Call Participants Frederic Blondeau - Laurentian Bank Securities Michael Markidis - BMO Capital Markets Bradley Sturges - Raymond James Kyle Stanley - Desjardins Securities Himanshu Gupta - Scotiabank Jimmy Shan - RBC Capital Markets Matt Kornack - National Bank Financial Operator Thank you for standing by. This is the conference operator.

Nexus Industrial REIT (EFRTF) Q1 2023 Earnings Call Transcript

Nexus Industrial REIT (OTC:EFRTF) Q4 2022 Earnings Conference Call March 15, 2023 11:30 AM ET Company Participants Kelly Hanczyk - Chief Executive Officer Robert Chiasson - Chief Financial Officer Conference Call Participants Kyle Stanley - Desjardins Gaurav Mathur - iA Capital Markets Munish Garg - Laurentian Bank Securities Brad Sturges - Raymond James Mike Markidis - BMO Capital Markets Jimmy Shan - RBC Capital Markets Himanshu Gupta - Scotiabank Matt Kornack - National Bank Financial Operator Thank you for standing by. This is the conference operator.

Nexus Industrial REIT (EFRTF) Q4 2022 Earnings Call Transcript

Nexus Industrial REIT (OTC:EFRTF) Q2 2022 Earnings Conference Call August 12, 2022 11:00 AM ET Company Representatives Kelly Hanczyk - Chief Executive Officer Robert Chiasson - Chief Financial Officer Conference Call Participants Brad Sturges - Raymond James Kyle Stanley - Desjardins Gaurav Mathur - iA Capital Markets Jimmy Shan - RBC Capital Markets David Chrystal - Echelon Capital Partners Operator Thank you for standing by. This is the conference operator.

Nexus Industrial REIT (EFRTF) CEO Kelly Hanczyk on Q2 2022 Results - Earnings Call Transcript

Nuveen Select Tax-Free Income Portfolio

Nuveen Select Tax Free Income Portfolio 2

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

Blackrock Investment Quality Municipal Trust

BlackRock Municipal 2030 Target Term Trust

Dreyfus Municipal Bond Infrastructure Fund

Dreyfus Strategic Municipal Bond Fund Inc

Eaton Vance Municipal Income 2028 Term Trust

Federated Premier Municipal Income Fund

Pioneer Municipal High Income Advantage Trust

Western Asset Municipal High Income Fund

BlackRock MuniAssets Fund

BlackRock MuniYield Quality Fund III Inc

BlackRock MuniYield New York Quality Fund Inc

Neuberger Berman Intermediate Municipal Fund Inc

Nuveen Enhanced Municipal Value Fund

Nuveen Georgia Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal Value Fund Inc

Nuveen New Jersey Quality Municipal Income Fund

Invesco Municipal Income Opportunities Trust

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco New York Municipal Income Fund II

Invesco Pennsylvania Value Municipal Income Trust

The muni CEF space is largely buy-and-hold (or long-term rental agreements). But right now, there's a lot of dislocation in the sector. Some funds are extremely expensive while others are relatively cheap. Making swaps makes sense to rotate into the better opportunities and see more discount closing tailwinds.

More Relative Value Trades And Opportunities: Munis

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

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

Credit Suisse Asset Management Income Fund

MFS Investment Grade Municipal Trust

Eagle Point Income Company Inc

Western Asset Global Corp Defined Opportunity Fund Inc

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

As Q1 comes to an end, we take a look at the performance of the CEF market year-to-date. We also take a look at the key drivers of CEF discounts going forward.

CEF Market Update

John Hancock Income Securities Trust

Minerals Technologies

One potential way to unearth value opportunities is to screen for stocks trading below the Graham Number, as such stocks could be undervalued.

News for Nuveen Select Tax-Free Income Portfolio 3 Stock (NXR)