Nuveen Select Tax-Free Income PortfolioNXP
NXP
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 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
3% more capital invested
Capital invested by funds: $119M [Q2] → $123M (+$3.72M) [Q3]
0.01% less ownership
Funds ownership: 17.48% [Q2] → 17.47% (-0.01%) [Q3]
5% less funds holding
Funds holding: 93 [Q2] → 88 (-5) [Q3]
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Research analyst outlook
We haven’t received any recent analyst ratings for NXP.
Financial journalist opinion
Negative
Seeking Alpha
2 weeks ago
NAD Vs. NXP Revisited: Time To Delever
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.
Positive
Seeking Alpha
5 months ago
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.
Neutral
Business Wire
6 months ago
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.
Neutral
Seeking Alpha
1 year ago
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.
Neutral
Business Wire
1 year ago
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.
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