Nuveen Select Tax-Free Income Portfolio (NXP)
NYSE NASDAQ Primary NYSE Summary
NXP Chart
Nuveen Select Tax-Free Income Portfolio Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 6,251 | $92,389.75 | $81,263 | -$11,126.75 | -12.04% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 103,278 | $1.48M | $1.34M | -$135,288 | -9.15% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 9,439 | $135,855.04 | $122,707 | -$13,148.04 | -9.68% |
| MBV Matthew B. Vawter NATIONS FINANCIAL GROUP Inc., /IA/ /ADV | 18,612 | $265,959 | $246,143.7 | -$19,815.3 | -7.45% |
| PF Phillip Fitzsimmons Hennion & Walsh Asset Management Inc. | 773,125 | $11.39M | $10.11M | -$1.28M | -11.23% |
Nuveen Select Tax-Free Income Portfolio (NXP) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Nuveen Select Tax-Free Income Portfolio ever had a stock split?
Nuveen Select Tax-Free Income Portfolio Profile
| NYSE Exchange | United States Country |
Overview
Nuveen Select Tax-Free Income Portfolio is a closed-end fund dedicated to generating federally tax-exempt income through investments in the U.S. municipal bond market. Managed by Nuveen Fund Advisors and Nuveen Asset Management, the portfolio primarily includes investment-grade municipal securities, typically rated Baa or BBB and above. With a commitment to maintaining at least 80% of its assets in high-quality bonds, the fund operates within a disciplined framework to provide consistent income while preserving capital. A portion of the portfolio may be allocated to lower credit quality municipal securities, subject to a 20% cap, enhancing diversification and potential yield.
Established in 1992, the fund benchmarks its performance against major municipal bond indices, such as the S&P National Municipal Bond Index. It plays a significant role in the fixed income sector, particularly appealing to investors seeking stable, tax-advantaged cash flows. The fund contributes liquidity and diversification within the broader municipal bond market, making it a relevant option for both individuals and institutions that prioritize tax efficiency and income stability in their fixed income allocations.
Products and Services
- Tax-Free Income Generation: The primary aim of the Nuveen Select Tax-Free Income Portfolio is to provide investors with federally tax-exempt income through strategic investments in high-quality municipal bonds.
- Investment-Grade Municipal Securities: The fund primarily invests in municipal securities rated Baa or BBB and above, ensuring a focus on high-quality bonds that meet stringent credit standards.
- Diversification Strategy: While the fund mandates at least 80% of assets be in high-quality securities, it also allows up to 20% in lower credit quality municipal securities, enhancing portfolio diversification and potential yield.
- Performance Benchmarking: The fund benchmarks its performance against notable municipal bond indices, such as the S&P National Municipal Bond Index, to evaluate its effectiveness and maintain competitiveness within the sector.
- Tax Efficiency Focus: With a disciplined investment approach, the fund emphasizes tax efficiency, making it an attractive choice for investors looking to maximize income while minimizing tax liabilities.
- Income Stability: The fund provides consistent and reliable income streams, catering to investors seeking stability in their fixed income portfolios.
- Investing Expertise: Managed by Nuveen Fund Advisors and Nuveen Asset Management, the fund benefits from experienced professionals who employ a disciplined investment process tailored to meet the needs of income-focused investors.
Contact Information
