Nuveen Select Tax-Free Income Portfolio 3 (NXR) Stock Analysis
DELISTED 2021
What happened to Nuveen Select Tax-Free Income Portfolio 3 (NXR) stock?
Nuveen Select Tax-Free Income Portfolio 3 (NXR) no longer trades on public markets. It was delisted in December 2021. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Nuveen Select Tax-Free Income Portfolio 3 (NXR) trades at $16.56. Nuveen Select Tax-Free Income Portfolio 3 is a closed-end management investment company focused on providing tax-exempt income. Sector: Financial services.
Last analyzed: Mar 17, 2026Analyst Coverage for NXR: NXR does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NXR against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Nuveen Select Tax-Free Income Portfolio 3 (NXR) Financial Services Profile
Nuveen Select Tax-Free Income Portfolio 3 (NXR) is a closed-end fund specializing in tax-exempt municipal bonds across diverse sectors and geographies. It aims to deliver current income and stable dividends while preserving capital, appealing to income-focused investors seeking tax advantages in a low-beta environment.
What Is the Investment Thesis for NXR?
Nuveen Select Tax-Free Income Portfolio 3 presents a stable, income-generating investment opportunity, particularly attractive in a low-interest-rate environment. Its focus on tax-exempt municipal bonds provides a significant advantage for investors in higher tax brackets. The fund's low beta of 0.10 indicates lower volatility compared to the broader market, appealing to risk-averse investors. Key value drivers include the fund's ability to maintain a consistent dividend yield and its expertise in selecting quality municipal bonds. Growth catalysts involve strategic allocation to sectors and states with strong credit profiles. Potential risks include changes in tax laws that could reduce the attractiveness of tax-exempt income and rising interest rates, which could negatively impact bond values.
Based on FMP financials and quantitative analysis
NXR Key Highlights
The fund's investment objective is to provide current income and stable dividends, exempt from regular federal and designated state income taxes, where applicable.
- The fund primarily invests in a portfolio of municipal obligations.
- The fund's portfolio composition includes various sectors, such as tax obligation/limited, tax obligation/general, healthcare, transportation, consumer staples, the United States guaranteed and Other.
- The Fund's portfolio spans various states and territories, including California, Illinois, Texas, New Jersey, Colorado, Washington, Florida, Virginia, New York, Missouri, Iowa, Michigan, Minnesota, Nevada and Other.
- The Fund's investment advisor is Nuveen Fund Advisors, LLC, which is a subsidiary of Nuveen Investments, Inc. (Nuveen).
Who Are NXR's Competitors?
NXR is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CBH Virtus Convertible & Income 2024 Target Term Fund | $9.19 | +0.05% | $168M | 63 |
| CBMSX Allspring C&B Mid Cap Value Fund | $30.59 | +0.13% | $201M | 44 |
| HIE Miller/Howard High Income Equity Fund | $12.56 | +0.00% | $235M | 43 |
| IVH Ivy Funds - Delaware Ivy High Income Opportunities Fund | $11.18 | -3.54% | $185M | 45 |
| JCO Nuveen Credit Opportunities 2022 Target Term Fund | $7.95 | +0.13% | $221M | 45 |
| AMECX American Funds The Income Fund of America Class A | $28.39 | -0.25% | $148B | 54 |
| IFAFX The Income Fund of America, Class F-1 Shares | $28.27 | -0.28% | $147B | 54 |
| BNY BlackRock New York Municipal Income Trust | $158.65 | -0.69% | $109B | 79 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NXR's Key Strengths?
Tax-exempt income for investors.
- Stable dividend payments.
- Low beta indicating lower volatility.
- Diversified portfolio across sectors and geographies.
What Are NXR's Weaknesses?
Sensitivity to interest rate changes.
- Dependence on the creditworthiness of municipal bond issuers.
- Potential impact from changes in tax laws.
- Limited growth potential compared to equity investments.
What Could Drive NXR Stock Higher?
Potential infrastructure spending bill could increase demand for municipal bonds.
- Active management of the portfolio to capitalize on market inefficiencies.
- Strategic allocation to sectors with strong credit profiles.
What Are the Key Risks for NXR?
Rising interest rates could negatively impact bond values.
- Changes in tax laws could reduce the attractiveness of tax-exempt income.
- Credit downgrades of municipal bond issuers.
- Market volatility impacting net asset value.
What Are the Growth Opportunities for NXR?
- Strategic Sector Allocation: The fund can enhance returns by strategically allocating investments to sectors within the municipal bond market that offer higher yields or are poised for growth. For example, infrastructure projects funded by municipal bonds could present attractive opportunities as governments invest in upgrading infrastructure. The market size for infrastructure investments is substantial, with trillions of dollars expected to be spent over the next decade. Timeline: Ongoing.
- Geographic Diversification: Expanding the fund's geographic diversification to include a wider range of states and territories can reduce risk and potentially increase returns. Identifying regions with strong economic growth and stable credit ratings can provide attractive investment opportunities. The municipal bond market is vast, with bonds issued by thousands of different entities across the United States. Timeline: Ongoing.
- Active Management: Employing active management strategies to identify undervalued municipal bonds and capitalize on market inefficiencies can generate alpha for the fund. This involves conducting thorough credit analysis and monitoring market trends to make informed investment decisions. The success of active management depends on the expertise and experience of the fund's investment team. Timeline: Ongoing.
- Tax Law Changes: Monitoring and adapting to changes in tax laws can create opportunities for the fund. For example, changes in federal or state tax rates could increase the attractiveness of tax-exempt municipal bonds, driving demand and potentially increasing bond prices. The impact of tax law changes can be significant, affecting the overall investment landscape. Timeline: Ongoing.
- ESG Investing: Incorporating environmental, social, and governance (ESG) factors into the fund's investment process can attract socially responsible investors and potentially enhance long-term returns. Investing in municipal bonds that finance environmentally friendly projects or support social initiatives can align with investor values and contribute to positive social impact. The market for ESG-focused investments is growing rapidly. Timeline: Ongoing.
What Are NXR's Competitive Advantages?
- Tax-exempt status of municipal bond income.
- Expertise in managing municipal bond portfolios.
- Established track record of providing stable dividends.
- Diversified portfolio across sectors and geographies.
What Does NXR Do?
Nuveen Select Tax-Free Income Portfolio 3 is a diversified closed-end management investment company established to provide investors with current income and stable dividends that are exempt from regular federal and, where applicable, designated state income taxes. The fund achieves this objective by primarily investing in a portfolio of municipal obligations. These obligations span a variety of sectors, including tax obligation/limited, tax obligation/general, healthcare, transportation, and consumer staples, as well as securities guaranteed by the United States government. The fund's portfolio is geographically diversified, encompassing municipal obligations from states and territories such as California, Illinois, Texas, New Jersey, Colorado, Washington, Florida, Virginia, New York, Missouri, Iowa, Michigan, Minnesota, and Nevada. This diversification helps to mitigate risk by reducing exposure to any single state's economic or regulatory environment. The investment advisor for Nuveen Select Tax-Free Income Portfolio 3 is Nuveen Fund Advisors, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen is a well-established asset manager with extensive experience in managing fixed-income portfolios, including municipal bonds. The fund's structure as a closed-end fund allows it to maintain a stable investment strategy without being subject to the same redemption pressures as open-end mutual funds.
What Products and Services Does NXR Offer?
- Invests primarily in municipal obligations.
- Seeks to provide current income exempt from federal and state income taxes.
- Preserves capital by investing in a diversified portfolio.
- Allocates investments across various sectors, including healthcare and transportation.
- Manages a portfolio spanning multiple states and territories.
- Provides stable dividends to investors.
How Does NXR Make Money?
- Generates income by investing in municipal bonds.
- Distributes income to shareholders in the form of dividends.
- Manages the portfolio to maintain a stable net asset value.
- Charges management fees for its services.
What Industry Does NXR Operate In?
Nuveen Select Tax-Free Income Portfolio 3 operates within the asset management industry, specifically focusing on fixed-income investments in the municipal bond market. This market is influenced by factors such as interest rates, credit ratings, and tax policies. The competitive landscape includes other closed-end funds and mutual funds that invest in municipal bonds. The fund differentiates itself by its specific investment strategy and its focus on delivering tax-exempt income to investors. Demand for municipal bonds is driven by investors seeking stable income and tax advantages, particularly in high-tax states.
Who Are NXR's Key Customers?
- Individual investors seeking tax-exempt income.
- Retirees looking for stable dividend payments.
- High-net-worth individuals in high-tax states.
- Financial advisors seeking income-generating investments for their clients.
NXR Financials
Bull Case vs Bear Case
Bull Case
- Recent insider purchases indicate strong confidence in NXR's future performance, suggesting insiders believe the stock is undervalued.
- Community sentiment has shifted positively, with investors discussing the potential for increased demand for tax-free income amid economic uncertainty.
- Market perception is bolstered by the ongoing search for reliable income sources, making tax-free investments appealing to risk-averse investors.
- Recent discussions highlight NXR's solid portfolio management strategy, which may attract more investors looking for stability in their income streams.
Bear Case
- Concerns about rising interest rates persist, which could negatively impact the attractiveness of tax-free income investments like NXR.
- Community sentiment has shown some skepticism, with discussions about potential market volatility affecting tax-exempt securities.
- Insider selling activity has raised eyebrows, leading some to question the long-term outlook for NXR amidst changing market conditions.
- Market perception is influenced by broader economic factors, including inflation and fiscal policy changes, which could create headwinds for tax-free portfolios.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NXR Latest News
No recent news available for NXR.
Common Questions About NXR (Financial Services)
What happened to Nuveen Select Tax-Free Income Portfolio 3 (NXR) stock?
Nuveen Select Tax-Free Income Portfolio 3 (NXR) no longer trades on public markets. It was delisted in December 2021. The figures below are historical and are not a current quote.
Can I still buy NXR shares?
No. NXR stopped trading on public markets in December 2021, so the shares are not available through a broker. Anything you see quoted for NXR elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before NXR stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Nuveen Select Tax-Free Income Portfolio 3. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Nuveen Select Tax-Free Income Portfolio 3 do?
Nuveen Select Tax-Free Income Portfolio 3 is a closed-end fund that invests primarily in municipal bonds. Its main goal is to provide investors with a steady stream of income that is exempt from federal and, in some cases, state income taxes.
What are the main risks for NXR?
The primary risks for Nuveen Select Tax-Free Income Portfolio 3 include interest rate risk, credit risk, and legislative risk. Rising interest rates can decrease the value of the fund's bond holdings, potentially leading to capital losses. Credit risk arises from the possibility that municipal bond issuers may default on their obligations.
What regulatory challenges does Nuveen Select Tax-Free Income Portfolio 3 face?
Nuveen Select Tax-Free Income Portfolio 3, as a registered investment company, faces regulatory oversight from the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940. This act imposes requirements related to fund structure, governance, and reporting. The fund must also comply with regulations regarding the types of investments it can hold and how it values its assets.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on publicly available sources and is believed to be reliable, but its accuracy and completeness are not guaranteed.
- Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.