Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Shares Up 0.1% – Still a Buy?

Posted by Hanz Christensen on Dec 24th, 2025

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN – Get Free Report) shares shot up 0.1% during mid-day trading on Tuesday . The stock traded as high as $12.15 and last traded at $12.14. 45,206 shares changed hands during trading, an increase of 396% from the average session volume of 9,118 shares. The stock had previously closed at $12.13.

Nuveen New York Select Tax-Free Income Portfolio Stock Up 0.1%

The firm has a fifty day simple moving average of $12.09 and a 200 day simple moving average of $11.83.

Nuveen New York Select Tax-Free Income Portfolio Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a $0.042 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Monday, December 15th.

Institutional Investors Weigh In On Nuveen New York Select Tax-Free Income Portfolio

A hedge fund recently raised its stake in Nuveen New York Select Tax-Free Income Portfolio stock. OMNI 360 Wealth Inc. lifted its stake in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN – Free Report) by 13.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,000 shares of the company’s stock after buying an additional 2,000 shares during the period. OMNI 360 Wealth Inc. owned about 0.27% of Nuveen New York Select Tax-Free Income Portfolio worth $198,000 at the end of the most recent reporting period.

About Nuveen New York Select Tax-Free Income Portfolio

(Get Free Report)

Nuveen New York Select Tax-Free Income Portfolio is a closed-end management investment company trading on the New York Stock Exchange under the symbol NXN. Managed by Nuveen Fund Advisors, a subsidiary of TIAA, the fund’s primary objective is to provide current income that is exempt from federal regular income taxes and New York State personal income taxes. It pursues this goal by constructing a diversified portfolio of municipal securities issued by entities located within New York State.

The fund’s holdings may include general obligation bonds, revenue bonds, notes and variable rate demand obligations, allowing it to spread credit risk across multiple issuers and sectors.