What is the total return of NXN over the past year?
Nuveen New York Select Tax-Free Income Portfolio (NXN) delivered a total return of 8.85% over the past year when dividends are reinvested. The price-only return was 4.66%, meaning dividends contributed an additional 4.19 percentage points to total returns.
How much would $10,000 invested in NXN be worth today?
A $10,000 investment in Nuveen New York Select Tax-Free Income Portfolio one year ago would be worth $10,885 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $10,466. Dividend reinvestment added $419 to the portfolio value.
Does NXN pay dividends?
Yes, Nuveen New York Select Tax-Free Income Portfolio (NXN) pays dividends. Over the past year, NXN paid 11 dividends totaling $0.4620 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.