Nuveen Wants To Merge NXC And NXN Into NXP: What Now?
Source: SeekingAlpha
2025-09-08 13:38:01 ET
Introduction
I just received a proxy statement as an owner of the Nuveen Select Tax-Free Income Portfolio ( NXP ), asking me to vote in favor of merging both the Nuveen California Select Tax-Free Income Portfolio ( NXC ) and Nuveen New York Select Tax-Free Income Fund ( NXN ) into NXP. I voted no, as accepting those assets “as is” would overweight NXP with bonds from two states losing population and already taxing their residents to death....
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Nuveen Wants To Merge NXC And NXN Into NXP: What Now?
Nuveen New York Municipal Value Fund Inc.
NASDAQ: NNY
NNY Trading
1.74% G/L:
$8.75 Last:
85,598 Volume:
$8.55 Open:
