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Stock impact report

NXP: Too Much Uncertainty To Recommend [Seeking Alpha]

Nuveen California Select Tax-Free Income Portfolio (NXC) 
Company Research Source: Seeking Alpha
New York Select Tax-Free Income Fund, which I oppose due to yield and tax implications. NXC and NXN yield less than NXP, potentially diluting NXP's yield post-merger and introducing state tax liabilities for single-state holders. NXP's larger size and national exposure offer diversification, but merging may lower future payments due to lower WA coupons in NXC and NXN. Municipal bonds, including NXP, remain attractive for high-tax-bracket investors, especially with federal tax rate certainty until 2029. huffychic/iStock via Getty Images Introduction Okay, maybe not totally tax free, but it was a nice photo. Last summer, Nuveen announced their desire to merge both Nuveen California Select Tax-Free Income Portfolio ( NXC ) and Nuveen New York Select More on my IG service Read The Full Report on iREIT®+Hoya iREIT®+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for su Show less Read more
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