Nuveen Select Tax-Free Income Portfolio Stock News
$14.62
0.07%
today
NYSE,
Feb 28, 08:38 pm CET
Nuveen Select Tax-Free Income Portfolio Stock News
Negative
Seeking Alpha
●
3 months ago
Nuveen Quality Municipal Income Fund distributions are only about 52% covered by investment income. NAD is also leveraged, which helped returns in 2024 but may not be an advantage going forward as rates are no longer falling as fast. Nuveen Select Tax-Free Income Portfolio is unleveraged and fully covers its dividends with investment income.
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