Nuveen Closed-End Funds Announce Update to Reorganization Distributions
Nuveen California Select Tax-Free Income Portfolio (NXC)
US:NYSE Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=nxc
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--As previously announced, shareholders of the Nuveen Select Tax-Free Income Portfolio (NYSE: NXP), Nuveen California Select Tax-Free Income Portfolio (NYSE: NXC), and Nuveen New York Select Tax-Free Income Portfolio (NYSE: NXN) have approved the funds’ reorganization. The reorganization will combine NXC and NXN into NXP.The funds previously announced that the monthly distributions typically declared the first business day of the month for NXP, NXC, and NXN would be replaced by pre-reorganization distributions declared December 30, 2025, with a record date of January 9, 2026, payable February 2, 2026. Pre-reorganization distributions for each fund being acquired are intended to fully distribute the acquired fund’s accumulated undistributed net investment income (UNII) prior to the closing of the reorganization. Since NXC and NXN do not currently estimate an accumulated undistributed net investment income (UNII) balance, no funds will make a pre-reorganizati
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Sec Filings
- 1/12/26 - Form 25-NSE
- 11/17/25 - Form 425
- 11/6/25 - Form 425
- NXC's page on the SEC website