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Nuveen Select Tax Free Inc 3:NXR

    Manage Alerts

    Overview

    As of 12/6/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$16.17$16.44-1.67%
    52 Wk Avg$15.25$16.06-5.08%
    52 Wk High$16.34$16.70-1.67%
    52 Wk Low$14.09$15.32-8.18%
    Regular Distribution TypeIncome Only
    Distribution Rate3.23%
    Distribution Amount$0.0435
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The primary objective is to provide stable dividends exempt from regular Federal income tax, consistent with preservation of capital. Substantially all of its assets will be invested in a diversified portfolio of long-term investment-grade quality Municipal Obligations. Municipal Obligations rated within the four highest grades will only be purchased, except that up to 20% of its assets may be invested in unrated Municipal Obligations deemed to be of comparable quality. Up to 20% of its net assets may be invested in Municipal Obligations that pay interest subject to the Federal alternative minimum tax.

    Capital Structure

    As of 12/6/2019

    Total Investment Exposure:$214.469M
    Total Common Assets:$214.469M
    Common Shares Outstanding:13,045,560
    Annual Expense Ratios

    As of 3/31/2019

      Per Common Share
    Management Fees0.25%
    Other Expenses:0.07%
    Baseline Expense: N/A
    Interest Expense:0.00%
    Total: 0.32%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Michael S. Hamilton

    Basics
    Category: Fixed Income - Municipal-Municipal
    Ticker: NXR
    NAV Ticker: XNXRX
    Average Daily Volume (shares): 431
    Average Daily Volume (USD): M
    Inception Date: 7/24/1992
    Inception Share Price: $15.00
    Inception NAV: $14.15
    Tender Offer: No
    Term: No
    Fiscal Year End: March 31
    Third Party Links & Reports

    Distributions

    As of 12/6/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 9/30/2019
    $0.2861
    Annualized Distribution Rate on NAV:
    As of 12/6/2019
    3.18%
    Total Return on NAV (12 months):
    As of 12/6/2019
    11.23%
    Avg. Portfolio Coupon:
    As of 12/6/2019
    5.07%
    Total % Portfolio Effectively Leveraged:
    As of 12/6/2019
    0.00%

    For the latest UNII information on this fund, please visit the Nuveen fund page.

    Taxable Equivalent Yield

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/7/2019

    PeriodAvg Discount
    6 Month-3.93%
    1 Year-5.08%
    3 Year-5.76%
    5 Year-5.83%
    Z-Score

    As of 12/6/2019

    PeriodZStat
    3 Month2.14
    6 Month2.28
    1 Year2.31
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/6/2019
    Category: Morningstar US CEF Municipal

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD13.71%9.62%18.17%9.90%
    2018-2.38%1.48%-5.46%0.49%
    201711.22%7.28%7.59%7.85%
    20161.04%1.79%1.16%0.57%
    20156.31%5.26%7.75%5.33%
    201415.67%15.20%19.16%18.97%
    2013-7.68%-3.78%-12.56%-6.88%
    20126.86%11.44%12.59%15.20%
    201115.00%8.47%20.50%16.78%
    2010-6.32%1.69%4.22%3.77%
    200913.14%12.50%48.30%33.43%
    20088.40%-4.04%-22.64%-20.70%
    2007-1.02%3.22%-5.67%-0.26%
    20069.57%5.09%  
    20058.21%4.99%  
    20043.72%5.38%  
    20035.00%5.32%  
    20026.53%5.88%  
    20013.85%5.02%  
    200016.64%7.13%  
    1999-15.37%0.36%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 12/6/2019
    Category: Morningstar US CEF Municipal

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/6/2019
    5.07%
    Number of Holdings:
    As of 10/31/2019
    128
    Annual Portfolio Turnover:
    As of 3/31/2019
    17.00%
    Pre-Refunded:
    3.95%
    Average Bond Price:
    As of 10/31/2019
    $96.56
    Asset Allocation

    As of 10/31/2019 reported by Fund Sponsor

    Top Sectors

    As of 10/31/2019 reported by Fund Sponsor

    Sector%Portfolio
    US Municipal Tax Advantaged99.05%
    Municipal (Super Sector)99.05%
    Cash Equivalents0.39%
    Cash Equivalents (Super Sector)0.39%
    Call Exposure

    As of 9/30/2019 reported by Fund Sponsor

    State Allocation

    As of 10/31/2019 reported by Fund Sponsor

    State% Portfolio
    California23.80%
    Illinois9.59%
    Texas9.31%
    Massachusetts6.88%
    Washington5.25%
    Pennsylvania4.78%
    Ohio4.36%
    Colorado4.22%
    Connecticut3.71%
    New Jersey2.93%
    Top Holdings

    As of 10/31/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    NORWALK LA MIRADA CALIF UNI SCH DIST 0%$8.90M4.14%
    ANAHEIM CALIF PUB FING AUTH LEASE REV 0%$8.25M3.85%
    POWAY CALIF UNI SCH DIST 0%$6.04M2.81%
    PLACENTIA-YORBA LINDA CALIF UNI SCH DIST CTFS PARTN 0%$5.96M2.78%
    GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5.5%$5.22M2.43%
    PHILADELPHIA PA WTR & WASTEWTR REV 5%$5.03M2.34%
    WASHINGTON ST HEALTH CARE FACS AUTH REV 5%$4.40M2.05%
    NEW JERSEY ST TRANSN TR FD AUTH 0%$3.84M1.79%
    BUCKEYE OHIO TOB SETTLEMENT FING AUTH 6.25%$3.81M1.78%
    CHESAPEAKE VA TOLL RD REV 0%$3.51M1.63%
    Credit Quality

    As of 10/31/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 10/31/2019 reported by Fund Sponsor

    Country Allocation

    As of 10/31/2019 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income96.56%
    Others - Fixed Income2.49%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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