NXQ News and Press, Nuveen Select Tax Free Income Portfolio II

Today, the Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) has declared a monthly distribution with the record, ex-dividend and payable date outlined below. As previously announced , the reorganization of Nuveen Select Tax-Free Income Portfolio 2 (NYSE: NXQ) and Nuveen Select Ta...

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 prior to the opening of the New York Stock Exchange on December 6, 20...

Three Nuveen Closed-End Funds announced pre-reorganization distributions. The specific distribution dates and amounts are detailed below. As previously announced , shareholders of the Nuveen Select Tax-Free Income Portfolio (NYSE: NXP), Nuveen Select Tax-Free Income Portfolio 2 (NYS...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

Shareholders of the 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 the funds’ reorganization. The reorganization will combine NXQ and NXR into NXP....

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI and DSL. For further details see: The Quality Closed-End Fund Report: September 2021

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

The US House Ways and Means Committee released their new 881-page tax proposal –there's some tricky stuff in it. If passed, the new top Federal rate in the US will be 46.4 percent, while the top capital gains tax rate appears it will be 31.8 percent from my calculations. NY...