About Nuveen New York Select Tax-Free Income Portfolio (NXN) — Dividend Analysis 2026
Nuveen New York Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds with an average credit quality of Baa/BBB or better. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital New York Municipal Bond Index and S&P New York Municipal Bond Index. Nuveen New York Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.
Is NXN a good dividend investment in 2026?
NXN offers a 3.81% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of 5.1% demonstrates strong, consistent growth that outpaces inflation.
NXN DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your NXN portfolio grows to $349.6K vs $320.1K without reinvestment. This is the compound interest effect in action.
NXN dividend growth history & forecast
NXN has grown its dividend by 0% over the last year and 5.1% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.81%.
Company generates negative FCF ($0) — borrowing to pay dividends
Debt Leverage
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum+0.0B → +0.0B → -0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
15
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 NXN Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold NXN.
Gross yield
3.81%
Tax rate
15.00%
After-tax yield
3.24%
Real yield (−CPI)
0.44%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.81%
1.01%
$381 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.24%
0.44%
$324 / yr
🇺🇸 US Taxable (20%)
20%
3.05%
0.25%
$305 / yr
🇬🇧 UK ISA
0%
3.81%
1.01%
$381 / yr
🇬🇧 UK Taxable
8.75%
3.48%
0.68%
$348 / yr
🇨🇦 TFSA
0%
3.81%
1.01%
$381 / yr
🇨🇦 CA Taxable
25%
2.86%
0.06%
$286 / yr
🇦🇺 Super (pension)
15%
3.24%
0.44%
$324 / yr
🇦🇺 AU Taxable
30%
2.67%
-0.13%
$267 / yr
🇩🇪 DE Taxable
26.375%
2.81%
0.01%
$281 / yr
🇫🇷 FR Taxable
30%
2.67%
-0.13%
$267 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 NXN Income Goal & Break-Even
Dividend Break-Even
20yr
Years for dividends to fully repay your NXN investment of $12.14/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.6K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$2.1K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in NXN for:
Shares needed
61,116
Capital required
$741,948
Monthly income
$2,000
Based on current dividend of $0.46/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 NXN Dividend Payment Schedule
NXN pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.98 / payment
$3.93 / year after tax
100 shares
$9.82 / payment
$39.27 / year after tax
1,000 shares
$98.17 / payment
$392.70 / year after tax
📊 NXN vs Financial Services Benchmarks
How NXN compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+0.91% vs sectorBetter
NXN
3.81%
avg
2.90%
5Y Dividend CAGR▼-2.00% vs sectorBelow avg
NXN
5.10%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
NXN
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for NXN sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ NXN Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
43.32
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the NXN dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →