Nuveen New York Select Tax-Free Income Portfolio (NXN) - Net Assets
Based on the latest financial reports, Nuveen New York Select Tax-Free Income Portfolio (NXN) has net assets worth $46.86 Million USD as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.52 Million) and total liabilities ($658.55K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NXN cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $46.86 Million |
| % of Total Assets | 98.61% |
| Annual Growth Rate | -0.64% |
| 5-Year Change | -11.89% |
| 10-Year Change | -12.87% |
| Growth Volatility | 4.51 |
Nuveen New York Select Tax-Free Income Portfolio - Net Assets Trend (2007–2025)
This chart illustrates how Nuveen New York Select Tax-Free Income Portfolio's net assets have evolved over time, based on quarterly financial data. Also explore NXN total assets for the complete picture of this company's asset base.
Annual Net Assets for Nuveen New York Select Tax-Free Income Portfolio (2007–2025)
The table below shows the annual net assets of Nuveen New York Select Tax-Free Income Portfolio from 2007 to 2025. For live valuation and market cap data, see Nuveen New York Select Tax-Free Income P market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $49.69 Million | -0.73% |
| 2024-02-29 | $50.06 Million | +2.18% |
| 2023-02-28 | $48.99 Million | -10.16% |
| 2022-02-28 | $54.53 Million | -3.30% |
| 2021-02-28 | $56.40 Million | +2.74% |
| 2020-02-29 | $54.89 Million | -0.68% |
| 2019-02-28 | $55.27 Million | +1.08% |
| 2018-02-28 | $54.68 Million | -0.80% |
| 2017-02-28 | $55.12 Million | -3.35% |
| 2016-02-29 | $57.03 Million | +0.08% |
| 2015-02-28 | $56.99 Million | +4.09% |
| 2014-02-28 | $54.75 Million | -5.08% |
| 2013-02-28 | $57.68 Million | +10.36% |
| 2009-02-28 | $52.27 Million | -3.04% |
| 2008-02-29 | $53.91 Million | -3.44% |
| 2007-02-28 | $55.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nuveen New York Select Tax-Free Income Portfolio's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 294.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $39.25K | 0.08% |
| Other Components | $53.86 Million | 108.38% |
| Total Equity | $49.69 Million | 100.00% |
Nuveen New York Select Tax-Free Income Portfolio Competitors by Market Cap
The table below lists competitors of Nuveen New York Select Tax-Free Income Portfolio ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ausquest Ltd
AU:AQD
|
$47.66 Million |
|
Texton Property Fund Ltd
JSE:TEX
|
$47.69 Million |
|
Cowealth Medical Holding Co Ltd
TWO:4745
|
$47.70 Million |
|
Ravad Ltd
TA:RAVD
|
$47.71 Million |
|
Hong Yi Fiber Industry Co Ltd
TW:1452
|
$47.64 Million |
|
Eniro AB
ST:ENRO
|
$47.63 Million |
|
Feytech Holdings Berhad
KLSE:5322
|
$47.63 Million |
|
NIGHTINGALE HEALTH EO 1
F:7XE
|
$47.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nuveen New York Select Tax-Free Income Portfolio's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 50,057,409 to 49,691,785, a change of -365,624 (-0.7%).
- Net income of 1,588,973 contributed positively to equity growth.
- Other comprehensive income increased equity by 3,838,448.
- Other factors decreased equity by 5,793,045.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.59 Million | +3.2% |
| Other Comprehensive Income | $3.84 Million | +7.72% |
| Other Changes | $-5.79 Million | -11.66% |
| Total Change | $- | -0.73% |
Book Value vs Market Value Analysis
This analysis compares Nuveen New York Select Tax-Free Income Portfolio's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.83x to 0.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-02-28 | $14.70 | $12.14 | x |
| 2014-02-28 | $13.95 | $12.14 | x |
| 2015-02-28 | $14.52 | $12.14 | x |
| 2016-02-29 | $14.53 | $12.14 | x |
| 2017-02-28 | $14.04 | $12.14 | x |
| 2018-02-28 | $14.12 | $12.14 | x |
| 2019-02-28 | $14.04 | $12.14 | x |
| 2020-02-29 | $13.99 | $12.14 | x |
| 2021-02-28 | $14.35 | $12.14 | x |
| 2022-02-28 | $13.89 | $12.14 | x |
| 2023-02-28 | $12.48 | $12.14 | x |
| 2024-02-29 | $12.74 | $12.14 | x |
| 2025-02-28 | $12.66 | $12.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nuveen New York Select Tax-Free Income Portfolio utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 71.73%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.00x
- Recent ROE (3.20%) is above the historical average (2.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 5.17% | 92.08% | 0.05x | 1.03x | $-2.69 Million |
| 2008 | 0.94% | 19.17% | 0.05x | 1.03x | $-4.88 Million |
| 2009 | 1.42% | 27.97% | 0.05x | 1.02x | $-4.49 Million |
| 2013 | 5.54% | 117.75% | 0.05x | 1.02x | $-2.57 Million |
| 2014 | -0.85% | -17.86% | 0.05x | 1.02x | $-5.94 Million |
| 2015 | 7.88% | 183.63% | 0.04x | 1.03x | $-1.21 Million |
| 2016 | 3.87% | 89.24% | 0.04x | 1.02x | $-3.49 Million |
| 2017 | 0.44% | 10.02% | 0.04x | 1.04x | $-5.27 Million |
| 2018 | 3.05% | 95.19% | 0.03x | 1.01x | $-3.80 Million |
| 2019 | 4.63% | 97.03% | 0.05x | 1.01x | $-2.97 Million |
| 2020 | 2.70% | 94.54% | 0.03x | 1.02x | $-4.01 Million |
| 2021 | 5.77% | 97.57% | 0.06x | 1.00x | $-2.38 Million |
| 2022 | -0.58% | -17.11% | 0.03x | 1.00x | $-5.77 Million |
| 2023 | -7.95% | 0.00% | -0.08x | 1.02x | $-8.80 Million |
| 2024 | 5.97% | 179.87% | 0.03x | 1.00x | $-2.02 Million |
| 2025 | 3.20% | 71.73% | 0.04x | 1.00x | $-3.38 Million |
Industry Comparison
This section compares Nuveen New York Select Tax-Free Income Portfolio's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nuveen New York Select Tax-Free Income Portfolio (NXN) | $46.86 Million | 5.17% | 0.01x | $47.65 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About Nuveen New York Select Tax-Free Income Portfolio
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 … Read more