The absence of reported operating cash flow data across the last ten quarters leaves the fund's true cash conversion efficiency and distribution capacity entirely opaque.
| Cash from Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 1.59M | -3.9M | -315.23K | 3.25M | 1.48M | 2.56M | 1.67M | 241.84K | 2.21M | 4.49M | -465.14K | 3.19M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -1.59M | 3.9M | 315.23K | -3.25M | -1.48M | -2.56M | -1.67M | -241.84K | -2.21M | -4.49M | 465.14K | -3.19M |
| Working Capital Changes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 47.59M | 49.22M | 52.22M | 53.24M | 54.32M | 54.27M | 54.56M | 55.64M | 56.33M | 57.91M | 49.49M | 57.24M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 0 | 0 | 310.39K | 1.11M | -399.12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Conversion (FCF/Net Income) | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest rate sensitivity
As reported in financial statements, NXN displays a complete absence of operating cash flow data over the last ten quarters, which prevents a meaningful assessment of the conversion quality between reported net income and actual cash generation for the fund's New York municipal bond portfolio.
The lack of reported operating cash flow makes it impossible to verify if the fund's net income is supported by actual cash inflows from coupon payments. Investors should monitor whether this data gap reflects a structural reporting nuance or a potential disconnect between accounting accruals and realized liquidity.
Based on the provided data, NXN's free cash flow trajectory remains entirely opaque, as the fund has reported zero operating cash flow and zero capital expenditures across all observed periods, leaving the sustainability of its distribution capacity to be inferred solely from volatile net income figures.
Without transparent cash flow metrics, the fund's ability to maintain its tax-free distributions appears highly speculative. The absence of cash flow data suggests that traditional FCF analysis is not applicable to this vehicle, necessitating a shift toward monitoring NAV stability and distribution coverage ratios instead.
According to historical filings, NXN reports no capital expenditure activity, which is consistent with its status as a closed-end investment vehicle that does not require physical asset maintenance or infrastructure investment to generate its recurring interest income from New York municipal debt securities.
The absence of capex confirms that the fund's operational model is purely financial, focusing on portfolio management rather than capital-intensive growth. While this simplifies the cost structure, it also means that the fund cannot rely on asset-based growth to offset potential declines in interest income.
As indicated by the provided data, the cash flow statement for NXN appears to be entirely non-functional or omitted, which obscures the true relationship between the fund's reported earnings and the actual cash available for distribution to its tax-sensitive investor base in New York.
The lack of cash flow reporting may mask underlying issues such as the use of return of capital to fund distributions or significant timing differences in interest recognition. Investors should exercise caution, as the absence of these critical metrics prevents a full understanding of the fund's underlying liquidity position.
Quick answers to the most common questions about buying NXN stock.
Nuveen New York Select Tax-Free Income Portfolio (NXN) generated $0.0M in net cash from operating activities in 2024. This reflects the cash generated directly from core business operations.
Nuveen New York Select Tax-Free Income Portfolio (NXN) reported negative free cash flow of $0.0M in 2024, indicating capital requirements exceeded cash from operations.
Nuveen New York Select Tax-Free Income Portfolio (NXN) spent $0.0M on capital expenditures in 2024. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.