Nuveen Select Tax-Free Income Portfolio
Nuveen 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 United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better. It benchmarks the performance of its portfolio … Read more
Nuveen Select Tax-Free Income Portfolio (NXP) - Net Assets
Latest net assets as of September 2025: $743.36 Million USD
Based on the latest financial reports, Nuveen Select Tax-Free Income Portfolio (NXP) has net assets worth $743.36 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($775.37 Million) and total liabilities ($32.02 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $743.36 Million |
| % of Total Assets | 95.87% |
| Annual Growth Rate | 6.3% |
| 5-Year Change | 167.18% |
| 10-Year Change | 182.68% |
| Growth Volatility | 40.18 |
Nuveen Select Tax-Free Income Portfolio - Net Assets Trend (2007–2025)
This chart illustrates how Nuveen Select Tax-Free Income Portfolio's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nuveen Select Tax-Free Income Portfolio (2007–2025)
The table below shows the annual net assets of Nuveen Select Tax-Free Income Portfolio from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $724.30 Million | +3.13% |
| 2024-03-31 | $702.33 Million | +2.97% |
| 2023-03-31 | $682.06 Million | -3.70% |
| 2022-03-31 | $708.25 Million | +161.26% |
| 2021-03-31 | $271.09 Million | +3.69% |
| 2020-03-31 | $261.44 Million | +1.75% |
| 2019-03-31 | $256.94 Million | +2.55% |
| 2018-03-31 | $250.55 Million | +0.82% |
| 2017-03-31 | $248.52 Million | -3.01% |
| 2016-03-31 | $256.23 Million | +1.96% |
| 2015-03-31 | $251.30 Million | +5.08% |
| 2014-03-31 | $239.15 Million | -4.01% |
| 2013-03-31 | $249.13 Million | +12.16% |
| 2009-03-31 | $222.11 Million | -5.28% |
| 2008-03-31 | $234.49 Million | -2.73% |
| 2007-03-31 | $241.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nuveen 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 27.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.57 Million | 1.32% |
| Common Stock | $508.51K | 0.07% |
| Other Components | $714.23 Million | 98.61% |
| Total Equity | $724.30 Million | 100.00% |
Nuveen Select Tax-Free Income Portfolio Competitors by Market Cap
The table below lists competitors of Nuveen Select Tax-Free Income Portfolio ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pangolin Diamonds Corp
PINK:KGHZF
|
$133.59K |
|
Nykredit Invest - Kreditobligationer
CO:NYIKRO
|
$133.62K |
|
RIVERNTH/DB.STR.OPP.PRF.A
F:8WU
|
$133.73K |
|
CONAGRA FOODS - Dusseldorf Stock Exchang
DU:CAO
|
$133.91K |
|
Locasystem International SA
PA:MLLOI
|
$133.42K |
|
Formuepleje Globale Aktier
CO:FPIGA
|
$133.41K |
|
Terra Property Trust, Inc. 6.00%
NYSE:TPTA
|
$133.29K |
|
Proventus Agrocom Ltd
NSE:PROV-SM
|
$133.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nuveen 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 702,328,149 to 724,302,242, a change of 21,974,093 (3.1%).
- Net income of 9,543,995 contributed positively to equity growth.
- Other factors increased equity by 12,430,098.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.54 Million | +1.32% |
| Other Changes | $12.43 Million | +1.72% |
| Total Change | $- | 3.13% |
Book Value vs Market Value Analysis
This analysis compares Nuveen 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: 0.90x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | $15.03 | $14.38 | x |
| 2014-03-31 | $14.43 | $14.38 | x |
| 2015-03-31 | $15.17 | $14.38 | x |
| 2016-03-31 | $15.46 | $14.38 | x |
| 2017-03-31 | $15.00 | $14.38 | x |
| 2018-03-31 | $14.96 | $14.38 | x |
| 2019-03-31 | $15.65 | $14.38 | x |
| 2020-03-31 | $15.77 | $14.38 | x |
| 2021-03-31 | $16.34 | $14.38 | x |
| 2022-03-31 | $15.13 | $14.38 | x |
| 2023-03-31 | $14.57 | $14.38 | x |
| 2024-03-31 | $14.65 | $14.38 | x |
| 2025-03-31 | $15.94 | $14.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nuveen 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): 1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.92%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.04x
- Recent ROE (1.32%) is below the historical average (3.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 5.31% | 94.59% | 0.06x | 1.00x | $-11.30 Million |
| 2008 | 1.90% | 35.93% | 0.05x | 1.00x | $-19.00 Million |
| 2009 | -0.75% | -13.07% | 0.06x | 1.00x | $-23.88 Million |
| 2013 | 7.80% | 159.26% | 0.05x | 1.00x | $-5.49 Million |
| 2014 | 0.23% | 4.72% | 0.05x | 1.01x | $-23.37 Million |
| 2015 | 8.89% | 208.71% | 0.04x | 1.02x | $-2.79 Million |
| 2016 | 5.56% | 202.73% | 0.03x | 1.01x | $-11.37 Million |
| 2017 | 0.57% | 12.75% | 0.04x | 1.01x | $-23.44 Million |
| 2018 | 4.48% | 98.47% | 0.05x | 1.01x | $-13.83 Million |
| 2019 | 6.01% | 99.02% | 0.06x | 1.00x | $-10.26 Million |
| 2020 | 5.14% | 98.78% | 0.05x | 1.00x | $-12.71 Million |
| 2021 | 6.83% | 173.08% | 0.04x | 1.01x | $-8.60 Million |
| 2022 | -6.23% | -288.61% | 0.02x | 1.00x | $-114.96 Million |
| 2023 | -0.04% | -366.59% | 0.00x | 1.00x | $-68.50 Million |
| 2024 | 4.47% | 114.05% | 0.04x | 1.02x | $-38.83 Million |
| 2025 | 1.32% | 93.92% | 0.01x | 1.04x | $-62.89 Million |
Industry Comparison
This section compares Nuveen 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: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nuveen Select Tax-Free Income Portfolio (NXP) | $743.36 Million | 5.31% | 0.04x | $133.55K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |