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Upturn AI SWOT - About
Nuveen New York Select Tax-Free Income Portfolio (NXN)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
06/30/2025: NXN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -0.45% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
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 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
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 fund managed by Nuveen. It invests primarily in municipal securities exempt from federal and New York state income taxes. The fund aims to provide current income exempt from regular federal and New York state income taxes consistent with capital preservation.
Core Business Areas
- Municipal Bond Investments: Primary business involves investing in a diverse portfolio of municipal bonds, specifically those issued within New York, ensuring tax-exempt income for its investors.
Leadership and Structure
Nuveen is the asset manager. The fund is overseen by Nuveen's investment team specializing in municipal bonds. Specific individual leadership details for the fund are typically found in their official fund documents.
Top Products and Market Share
Key Offerings
- Tax-Exempt Income Portfolio: The fund offers a portfolio of municipal bonds that provide income exempt from federal and New York state taxes. Market share is difficult to pinpoint exactly due to the diverse nature of municipal bond funds; it competes with other national and state-specific municipal bond funds offered by companies like BlackRock, PIMCO, and Fidelity. No available data on specific revenue or numbers of users.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings of issuers, and tax policy changes. Demand is driven by investors seeking tax-advantaged income.
Positioning
Nuveen New York Select Tax-Free Income Portfolio specializes in New York municipal bonds, targeting investors seeking specific state tax advantages. Competitive advantages include Nuveen's expertise in municipal bond management and access to a wide range of securities.
Total Addressable Market (TAM)
The overall municipal bond market is multi-trillion dollars. The Fund's TAM is the subset of NY-specific municipal bonds, and tax-exempt fixed-income investors in NY, worth tens of billions. The Fund is positioned to capture a portion of the investor base looking for NY-specific tax advantages in their fixed income portfolio.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Focus on New York municipal bonds providing state and federal tax advantages
- Established track record
- Part of a larger well-known asset management company (Nuveen)
Weaknesses
- Sensitivity to interest rate changes
- Potential for credit risk in municipal bond holdings
- Concentration in New York municipal bonds
- Subject to changes in state tax laws
Opportunities
- Increasing demand for tax-advantaged investments
- Potential for increased allocation to municipal bonds in a rising tax environment
- Ability to leverage Nuveen's distribution network
- Potential for increased market share as the population of NY grows
Threats
- Rising interest rates reducing bond values
- Credit downgrades or defaults by municipal bond issuers
- Changes in tax laws reducing the attractiveness of municipal bonds
- Increased competition from other tax-advantaged investment options
Competitors and Market Share
Key Competitors
- BBNYX
- MNY
- NUW
Competitive Landscape
The fund competes with other national and state-specific municipal bond funds. Competition is based on factors such as yield, expense ratio, credit quality, and management expertise. Nuveen's expertise in municipal bonds provides a competitive edge. Market share data is not readily available for individual funds. The above market share are all 0.0 because the data is not publically shared.
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to the demand for tax-exempt income and the fund's ability to generate competitive returns. Historical data requires specific time period analysis.
Future Projections: Future growth depends on factors such as interest rate movements, tax policy changes, and the overall health of the New York municipal bond market. Analyst estimates are not typically available at the fund level but at the asset manager level (Nuveen).
Recent Initiatives: Recent initiatives would include portfolio adjustments to navigate changing market conditions and maintain credit quality.
Summary
Nuveen New York Select Tax-Free Income Portfolio offers tax-exempt income through New York municipal bond investments. It benefits from Nuveen's expertise but faces risks related to interest rates and credit quality. The fund's future performance depends on its ability to adapt to changing market conditions and maintain a competitive yield. Investors should carefully consider the risks and benefits before investing. The Fund also faces competition from other similar funds.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Fund Fact Sheets
- Fund Annual and Semi-Annual Reports
- Financial News Outlets
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and a thorough understanding of the fund's risks and potential rewards.
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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