Welcome to our dedicated page for Nuveen CA Select Tax-Free news (Ticker: NXC), a resource for investors and traders seeking the latest updates and insights on Nuveen CA Select Tax-Free stock.
Nuveen California Select Tax-Free Income Portfolio (NXC) has been the subject of multiple Nuveen announcements related to its reorganization and trading status. As a Nuveen-sponsored closed-end fund historically listed on the New York Stock Exchange, NXC featured in press releases detailing shareholder approvals, reorganization plans, and the eventual completion of its combination into Nuveen Select Tax-Free Income Portfolio (NXP).
News coverage for NXC includes the approval by shareholders of Nuveen California Select Tax-Free Income Portfolio, Nuveen New York Select Tax-Free Income Portfolio (NXN), and Nuveen Select Tax-Free Income Portfolio (NXP) to reorganize the funds. These reports describe how NXC and NXN would be combined into NXP through tax-free transactions in which NXP acquired substantially all of the assets and liabilities of the acquired funds in exchange for newly issued NXP common shares, based on each fund’s closing net asset value on a specified date.
Subsequent updates from Nuveen explain the timing and structure of pre-reorganization and potential post-reorganization distributions, including the goal that total tax-exempt distributions received by shareholders on a specified payable date would be equal to or greater than the prior month’s tax-exempt distribution per share. Additional releases confirm the successful completion of the reorganizations before the opening of the New York Stock Exchange on a stated date, and they provide the exchange ratios used to convert NXC and NXN shares into NXP shares.
For readers tracking NXC-related developments, this news stream offers a record of the fund’s transition into the surviving Nuveen Select Tax-Free Income Portfolio, along with Nuveen’s broader commentary on its closed-end fund platform, its experience managing closed-end funds, and general risk disclosures associated with these vehicles.
Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) completed tax-free reorganizations of Nuveen California Select Tax-Free Income Portfolio (NYSE: NXC) and Nuveen New York Select Tax-Free Income Portfolio (NYSE: NXN) prior to the NYSE open on January 12, 2026. NXP acquired substantially all assets and liabilities of NXC and NXN in exchange for newly issued NXP common shares equal in aggregate value to the net assets transferred, based on each fund's closing NAVs on January 9, 2026. The exchange ratios were 0.94062786 for NXC→NXP and 0.85880728 for NXN→NXP. Nuveen reported it sponsors closed-end funds with $53 billion AUM across 44 CEFs as of September 30, 2025.
Nuveen Closed-End Funds (NYSE:NXC) announced an approved reorganization combining Nuveen California Select Tax-Free Income Portfolio (NXC) and Nuveen New York Select Tax-Free Income Portfolio (NXN) into Nuveen Select Tax-Free Income Portfolio (NXP).
Pre-reorganization distributions were declared December 30, 2025 with a record date of January 9, 2026 and payable February 2, 2026; however, because NXC and NXN do not estimate accumulated undistributed net investment income (UNII), they will not make pre-reorganization distributions. NXP is expected to declare its regular monthly distribution on January 2, 2026 (record January 15, 2026, payable February 2, 2026) and may add a post-reorganization distribution with record date January 22, 2026 payable February 2, 2026. The total per-share tax-exempt distributions paid on February 2, 2026 will be equal to or greater than the prior month’s per-share tax-exempt distribution.
Nuveen manages $53 billion across 44 closed-end funds as of September 30, 2025.
Nuveen (NYSE: NXC) announced that shareholders approved a reorganization to combine NXC and NXN into the surviving fund NXP. The transactions are expected to become effective before market open on January 12, 2026, subject to customary closing conditions.
Monthly distributions will be replaced by a pre-reorganization distribution declared December 30, 2025 (record date January 9, 2026, payable February 2, 2026). The surviving fund may declare a post-reorganization distribution with record date January 22, 2026 and payable February 2, 2026. Total per-share pre- and, if made, post-reorganization tax-exempt distributions payable February 2, 2026 are expected to be equal to or greater than each fund’s prior month’s tax-exempt distribution.
Nuveen reported $53 billion in CEF assets under management across 44 closed-end funds as of September 30, 2025.
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