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Upturn AI SWOT - About
Nuveen New York Select Tax-Free Income Portfolio (NXN)
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Upturn Advisory Summary
09/16/2025: NXN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 5.72% | Avg. Invested days 65 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 45.45M USD | Price to earnings Ratio 28.24 | 1Y Target Price - |
Price to earnings Ratio 28.24 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.3 | 52 Weeks Range 10.74 - 12.08 | Updated Date 06/29/2025 |
52 Weeks Range 10.74 - 12.08 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 4.35% | Basic EPS (TTM) 0.41 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 71.73% | Operating Margin (TTM) 90.56% |
Management Effectiveness
Return on Assets (TTM) 2.09% | Return on Equity (TTM) -7.53% |
Valuation
Trailing PE 28.24 | Forward PE - | Enterprise Value 44765148 | Price to Sales(TTM) 20.52 |
Enterprise Value 44765148 | Price to Sales(TTM) 20.52 | ||
Enterprise Value to Revenue 26.98 | Enterprise Value to EBITDA - | Shares Outstanding 3924890 | Shares Floating - |
Shares Outstanding 3924890 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 17.38 |
Upturn AI SWOT
Nuveen New York Select Tax-Free Income Portfolio
Company Overview
History and Background
Nuveen New York Select Tax-Free Income Portfolio is a closed-end investment fund managed by Nuveen. It focuses on providing current income exempt from regular federal and New York state income taxes by investing primarily in municipal securities. The exact founding year and milestones would require accessing proprietary information from Nuveen.
Core Business Areas
- Tax-Exempt Income Generation: The portfolio invests primarily in municipal securities that generate income exempt from federal and New York state income taxes.
- Portfolio Management: Nuveen's investment professionals actively manage the portfolio's assets to achieve the fund's investment objective.
Leadership and Structure
Nuveen is the asset manager. Specific leadership for this portfolio would be within Nuveen's fixed income team. The fund is a closed-end fund structure.
Top Products and Market Share
Key Offerings
- Nuveen New York Select Tax-Free Income Portfolio (NXN): This is a closed-end fund providing tax-exempt income. Market share is difficult to pinpoint exactly, as it's relative to the broader municipal bond market and closed-end fund space. Competitors include other municipal bond funds from firms like BlackRock, Eaton Vance, and Invesco.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings, and tax policy. Demand is driven by investors seeking tax-advantaged income.
Positioning
Nuveen is a well-established player in the municipal bond market. The fund's competitive advantage lies in its tax-exempt status for New York residents.
Total Addressable Market (TAM)
The total value of the municipal bond market is in the trillions of dollars. NXN is positioned to capture a portion of the New York state municipal bond investor segment.
Upturn SWOT Analysis
Strengths
- Tax-exempt income for NY residents
- Experienced management team at Nuveen
- Diversified portfolio of municipal bonds
- Established brand recognition
Weaknesses
- Sensitivity to interest rate changes
- Potential for credit risk from municipal issuers
- Closed-end fund structure can trade at a discount to NAV
- Geographic concentration in New York
Opportunities
- Increasing demand for tax-advantaged investments
- Rising interest rates can increase income generation
- Expansion into other tax-advantaged strategies
- Growing assets under management
Threats
- Changes in tax laws that reduce the attractiveness of municipal bonds
- Rising interest rates can negatively impact bond prices
- Economic downturn can increase credit risk of municipal issuers
- Increased competition from other investment products
Competitors and Market Share
Key Competitors
- BBN
- VNY
- MNY
Competitive Landscape
Nuveen has a strong reputation. Competition is fierce among municipal bond fund providers based on yield, risk, and expense ratios.
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to AUM, performance of underlying municipal bonds, and capital raises.
Future Projections: Future projections are contingent on market conditions and investor demand.
Recent Initiatives: Review of the fund's latest annual and semi-annual reports will outline recent initiatives.
Summary
Nuveen New York Select Tax-Free Income Portfolio provides tax-exempt income to New York residents, backed by Nuveen's expertise. Its strength lies in its established brand and focus on the NY market, but faces risks from interest rate changes and economic downturns. Opportunities exist in growing demand for tax-advantaged investments, while competition in the municipal bond fund space remains a significant challenge. The fund needs to be wary of changing tax laws.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Nuveen website
- Financial data providers (e.g., Bloomberg, Reuters)
- Fund Factsheets
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is estimated. Performance data should be obtained from official fund documents. Investment decisions should be made based on your individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nuveen New York Select Tax-Free Income Portfolio
Exchange NYSE | Headquaters Chicago, IL, United States | ||
IPO Launch date 1992-06-19 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Nuveen New York Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds with an average credit quality of Baa/BBB or better. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital New York Municipal Bond Index and S&P New York Municipal Bond Index. Nuveen New York Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.
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