Nuveen Select Tax-Free Income PortfolioNXP

$14.29+0.04 (+0.28%)
NYSEFinancial Services24:00 UTC

Company snapshot

Market Cap
$894M
Small-cap
+194%
2016 — today
10-Year Price
-6%
2016 — today
52-Week Range
$13.75$14.60
Current $14.29· 64%

Established on March 19, 1992, the Nuveen Select Tax-Free Income Portfolio functions as a closed-ended mutual fund dedicated to fixed income investments within the United States. Jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC (under the Nuveen Investments Inc. umbrella), the fund strategically allocates its capital primarily to investment-grade municipal securities, targeting those rated Baa, BBB, or higher. Its financial performance is benchmarked against both the Standard & Poor's (S&P) National Municipal Bond Index and the Lipper General and Insured Unleveraged Municipal Debt Funds Average. This portfolio remains domiciled in the U.S.

Valuation in context

P/E ratio
19.6
Historically pricey
Historically pricey — last 10 years
P/B ratio
1.0
Around average
Around the 10-year average
EV / EBITDA
23.1
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
4.5%
Near historic high
Near historic highs — last 10 years
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