Welcome to our dedicated page for Nuveen NY Select Tax Free news (Ticker: NXN), a resource for investors and traders seeking the latest updates and insights on Nuveen NY Select Tax Free stock.
Nuveen New York Select Tax-Free Income Portfolio (NXN) is documented in public communications as a closed-end fund that participated in a reorganization with other Nuveen closed-end funds. News coverage for NXN focuses on its role in the combination with Nuveen California Select Tax-Free Income Portfolio (NXC) and Nuveen Select Tax-Free Income Portfolio (NXP), and on the implications of that transaction for shareholders.
Announcements describe how the Boards of Trustees of NXC, NXN, and NXP approved a proposal to reorganize the funds, with the goal of combining NXC and NXN into NXP. Subsequent news reports that shareholders of all three funds approved the reorganization and that the transactions were intended to create a larger fund with lower net operating expenses and increased trading volume for NXP. Later communications confirm that the reorganizations were successfully completed before the market opened on January 12, 2026.
Additional news items explain how monthly distributions around the time of the reorganization were adjusted. These updates describe pre-reorganization distributions intended to address accumulated undistributed net investment income, note that NXC and NXN did not estimate such a balance, and outline how NXP’s regular and potential post-reorganization distributions would be handled. Together, these articles provide a detailed record of how the reorganization was structured and how it affected the timing and amount of tax-exempt distributions.
For readers researching NXN, this news page serves as an archive of the fund’s transition into Nuveen Select Tax-Free Income Portfolio (NXP), documenting shareholder approvals, distribution policies, and the completion of the reorganization. It is useful for understanding the historical context of NXN and the terms under which its assets and liabilities were combined into the surviving fund.
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.