Nuveen Select Tax-Free Income Portfolio
NXP

$15.09

0.2%

Market Cap: $723M

About: Nuveen Select Tax Free Income Portfolio is a diversified closed-end investment company. It seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

2% more funds holding

Funds holding: 91 [Q1] → 93 (+2) [Q2]

1.0% less ownership

Funds ownership: 17.6% [Q1] → 16.6% (-1.0%) [Q2]

7% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 27

5% less capital invested

Capital invested by funds: $119M [Q1] → $113M (-$6.35M) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for NXP.

See Analyst Rankings

Financial journalist opinion

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

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 Closed-End Funds Declare Distributions

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

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

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

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

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

See News Rankings