Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Shares Up 0.6% – Should You Buy?

Posted by Sarita Garza on Jan 14th, 2026

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN – Get Free Report) shot up 0.6% during mid-day trading on Tuesday . The company traded as high as $12.16 and last traded at $12.1390. 12,687 shares were traded during trading, a decline of 9% from the average session volume of 14,010 shares. The stock had previously closed at $12.07.

Nuveen New York Select Tax-Free Income Portfolio Stock Up 0.6%

The business has a fifty day moving average of $12.12 and a 200 day moving average of $11.90.

Nuveen New York Select Tax-Free Income Portfolio Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were 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 was Monday, December 15th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Nuveen New York Select Tax-Free Income Portfolio stock. OMNI 360 Wealth Inc. grew its stake in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN – Free Report) by 13.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,000 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. OMNI 360 Wealth Inc. owned approximately 0.27% of Nuveen New York Select Tax-Free Income Portfolio worth $198,000 as of its most recent filing with the SEC.

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.