Nuveen New York Select Tax-Free Income Portfolio(NXN)Earnings, Financials & Key Ratios
NXN•NYSE
$12.14
30.4× P/E·Price updated Jun 20, 2026
AboutNuveen 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.Show more
- EBITDA$0+100.0%
- Net Income$2M+140.8%
- EPS (Diluted)0.40+140.4%
- Gross Margin100%-24.6%
- Operating Margin89.9%-88.8%
- Net Margin71.73%-91.0%
- ROE3.22%+142.8%
NXN Price & Volume
Nuveen New York Select Tax-Free Income Portfolio (NXN) stock price & volume — 10-year historical chart
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Persistent Margin Volatility Obscures Fund Distribution Sustainability
Investment Thesis • Updated 2024Q4
VerdictNegative: The fund's reliance on volatile net income
Growth:Mixed
Profitability:Strained
Financial:Adequate
Cash Flow:Deteriorating
Primary Risk:NAV erosion and leverage
Key Thesis Takeaways
- Nuveen New York Select Tax-Free Income Portfolio faces significant structural headwinds characterized by a contraction in gross margins to 61.9% in 2024Q4 and a persistent retained earnings deficit of $4.2M.
- While the fund has successfully achieved a zero-debt position, the lack of transparent operating cash flow data and historical net income volatility complicate the assessment of long-term distribution reliability.
- Investors should monitor the fund's ability to stabilize its $49.9M asset base against the backdrop of ongoing margin compression and historical earnings fluctuations.
Verdict Logic
evidenced by a 2024Q4 gross margin of 61.9% and a persistent $4.2M retained earnings deficit, suggests significant risks to sustainable distribution levels.
NXN Growth Metrics
Nuveen New York Select Tax-Free Income Portfolio (NXN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-1.61%
5 Years-3.43%
3 Years-12.71%
TTM-
Profit CAGR
10 Years-
5 Years-9.09%
3 Years-21.22%
TTM186.61%
EPS CAGR
10 Years-
5 Years-9.25%
3 Years-21.6%
TTM185.94%
Return on Capital
10 Years2.74%
5 Years1.59%
3 Years-0.19%
Last Year4%
Peers Comparison
Key metrics vs top competitors for Nuveen New York Select Tax-Free Income Portfolio (NXN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $12.14 | $47.65M | 30.35 | 555.48% | 71.73% | 3.22% | — | |
| $14.35 | $746.29M | 75.53 | -63.09% | 64.86% | 5.84% | — | |
| $13.29 | $85.77M | 37.97 | -28.59% | 121.17% | 8.34% | — |
Compare NXN vs Peers
Nuveen New York Select Tax-Free Income Portfolio (NXN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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NXN Frequently Asked Questions
Nuveen New York Select Tax-Free Income Portfolio (NXN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Nuveen New York Select Tax-Free Income Portfolio's revenue?
Nuveen New York Select Tax-Free Income Portfolio (NXN) reported $4.1M in revenue for fiscal year 2024.
How fast is Nuveen New York Select Tax-Free Income Portfolio growing?
Nuveen New York Select Tax-Free Income Portfolio (NXN) grew revenue by 555.5% over the past year. This is strong growth.
Is NXN profitable?
Yes, Nuveen New York Select Tax-Free Income Portfolio (NXN) is profitable, generating $2.5M in net income for fiscal year 2024 (71.7% net margin).
Dividend & Returns
What is NXN's return on equity?
Nuveen New York Select Tax-Free Income Portfolio (NXN) has a return on equity (ROE) of 3.2%. This is below average, suggesting room for improvement.