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NXP Stock - Nuveen Sel Tax Fr


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Nuveen Select Tax-Free Income Portfolio, a closed-ended fixed income mutual fund, was launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Specializing in the fixed income markets of the United States, it aims to provide investors with a steady stream of tax-free income through strategic investments.

The fund predominantly allocates its resources to investment-grade municipal securities, ensuring that its holdings are rated Baa and BBB or higher. This focus on high-quality assets underlines its commitment to risk management while seeking optimal returns for its investors. Its performance is closely monitored and benchmarked against the Standard & Poor's (S&P) National Municipal Bond Index, as well as the Lipper General and Insured Unleveraged Municipal Debt Funds Average.

Formed on March 19, 1992, Nuveen Select Tax-Free Income Portfolio has established itself as a reliable investment vehicle within the fixed income market. Its longevity and consistent performance reflect the expertise and prudent management practices of its co-managers, Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.

Domiciled in the United States, the fund continues to attract investors seeking tax-free income and robust performance. With a strong track record and adherence to high credit quality standards, it remains a preferred choice for those looking to diversify their portfolios with municipal securities.

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Stock Sector: Financial Services: Closed-End Fund - Debt

 

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