Welcome to our dedicated page for Nuveen Select TaxFree Income news (Ticker: NXP), a resource for investors and traders seeking the latest updates and insights on Nuveen Select TaxFree Income stock.
Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) generates news primarily through its activities as a closed-end municipal bond fund and its role within the Nuveen closed-end fund family. As a fund that invests mainly in municipal securities to seek income exempt from regular federal income tax, NXP is often the focus of updates related to distributions, reorganizations, and shareholder actions.
News coverage for NXP frequently includes announcements about proposed and completed reorganizations with other Nuveen tax-free income portfolios. For example, shareholders have approved transactions combining Nuveen Select Tax-Free Income Portfolio 2 (NXQ) and Nuveen Select Tax-Free Income Portfolio 3 (NXR) into NXP, as well as reorganizations that combined Nuveen California Select Tax-Free Income Portfolio (NXC) and Nuveen New York Select Tax-Free Income Portfolio (NXN) into NXP. These events are described as tax-free transactions in which NXP acquires substantially all of the assets and liabilities of the acquired funds in exchange for newly issued NXP common shares.
Investors following NXP’s news can also expect updates on monthly tax-exempt distributions, pre-reorganization and post-reorganization distribution schedules, and details on how distributions are structured around closing dates. Fund communications explain how pre-reorganization distributions may be used to distribute accumulated undistributed net investment income for acquired funds, and how post-reorganization distributions are intended to keep total per-share tax-exempt distributions around the closing date equal to or greater than prior levels.
This news page aggregates such announcements, along with broader Nuveen closed-end fund communications that provide context on Nuveen’s experience managing closed-end funds and its focus on income-oriented strategies. For investors monitoring NXP, the page offers a centralized view of fund-level developments, structural changes through reorganizations, and distribution-related information.
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.
Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) has announced a monthly distribution of $0.0455 per share, following its reorganization with Nuveen Select Tax-Free Income Portfolio 2 (NYSE: NXQ) and 3 (NYSE: NXR). The record date for this distribution is January 18, 2022, and it will be payable on February 1, 2022. This declaration marks the first regular monthly distribution since the portfolios were successfully merged on December 6, 2021. Nuveen, managing $65 billion across 62 closed-end funds, aims to provide income-focused investment solutions.
The reorganization of Nuveen Select Tax-Free Income Portfolio 2 (NYSE: NXQ) and Nuveen Select Tax-Free Income Portfolio 3 (NYSE: NXR) into Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) was successfully completed on December 6, 2021. This tax-free transaction involved NXP acquiring the assets and liabilities of NXQ and NXR in exchange for newly issued common shares of NXP. The exchange ratios were 0.95219330 for NXQ and 1.02072336 for NXR based on the respective net assets on December 3, 2021. Nuveen manages $65 billion across 62 closed-end funds as of September 30, 2021.
Summary not available.
Nuveen's shareholders have approved the merger of Nuveen Select Tax-Free Income Portfolio 2 (NXQ) and Nuveen Select Tax-Free Income Portfolio 3 (NXR) into Nuveen Select Tax-Free Income Portfolio (NXP). This reorganization is set to take effect on December 6, 2021, pending standard closing conditions. The monthly distributions will transition with pre-reorganization distributions declared on November 23, 2021, and record dates established prior to the merger. Nuveen manages $65 billion across 62 closed-end funds as of September 30, 2021.
The Boards of Trustees of Nuveen Select Tax-Free Income Portfolio (NYSE: NXP), Nuveen Select Tax-Free Income Portfolio 2 (NYSE: NXQ), and Nuveen Select Tax-Free Income Portfolio 3 (NYSE: NXR) have approved a proposal to reorganize the funds. This reorganization aims to merge NXQ and NXR into NXP, creating a larger fund with lower operating expenses and increased trading volume. Approval from shareholders is required, and proxy materials with detailed information will be filed soon.
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