Nuveen Select Tax Free Income Portfolio III (NYSE:NXR) is expected to pay $0.04 on Nov 1, 2016. The indicated annual dividend is $0.54. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on Nuveen Select Tax Free Income Portfolio III’s current price of $15.03, the dividend is 0.29%. This dividend’s record date is Oct 14, 2016 and the announcement date is Oct 6, 2016. The stock decreased 0.33% or $0.05 on October 10, hitting $15.03. Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) has risen 2.11% since March 8, 2016 and is uptrending. It has underperformed by 7.21% the S&P500.
Nuveen Select Tax-Free Income Portfolio 3 is a diversified closed-end management investment company. The company has a market cap of $195.69 million. The Fund’s investment objective is that it seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes, where applicable, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations. It currently has negative earnings. 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.
Insitutional Activity: The institutional sentiment decreased to 0.31 in 2016 Q2. Its down 0.77, from 1.08 in 2016Q1. The ratio dived, as 6 funds sold all Nuveen Select Tax-Free Incom Portfolio 3 shares owned while 7 reduced positions. 0 funds bought stakes while 4 increased positions. They now own 729,544 shares or 16.41% less from 872,765 shares in 2016Q1.
The Pennsylvania-based Pnc Fincl Service Grp has invested 0% in Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR). Benjamin F Edwards, a Missouri-based fund reported 695 shares. The Florida-based Raymond James And Associate has invested 0% in Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR). Moreover, Ladenburg Thalmann Fincl Svcs Incorporated has 0% invested in Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) for 10,415 shares. Tortoise Invest Management Ltd Liability Company has 0.54% invested in the company for 96,798 shares. Thomas J Herzfeld Advsr holds 0.07% of its portfolio in Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) for 7,772 shares. Wells Fargo And Mn has 52,444 shares for 0% of their US portfolio. Tradewinds Capital Mngmt Ltd Llc holds 0.03% or 2,438 shares in its portfolio. Van Eck Assoc Corporation owns 36,127 shares or 0% of their US portfolio. Commonwealth Equity, a Massachusetts-based fund reported 92,286 shares. Royal Financial Bank Of Canada accumulated 3,126 shares or 0% of the stock. Rocky Mountain Advisers Limited Liability owns 500 shares or 0.04% of their US portfolio. Morgan Stanley holds 164,797 shares or 0% of its portfolio. Raymond James Advsr Inc has invested 0% of its portfolio in Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR). Lpl Fincl Ltd Liability Corporation owns 10,217 shares or 0% of their US portfolio.
More notable recent Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) news were published by: Nasdaq.com which released: “Nuveen Select Tax Free Income Portfolio III (NXR) Ex-Dividend Date Scheduled …” on August 10, 2016, also Nasdaq.com with their article: “Nuveen Select Tax Free Income Portfolio III (NXR) Ex-Dividend Date Scheduled …” published on September 12, 2016, Businesswire.com published: “Nuveen Announces Update to Closed-End Fund Portfolio Management Team” on May 26, 2016. More interesting news about Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) were released by: Marketwatch.com and their article: “Nuveen Select Tax-Free Income Portfolio” published on June 07, 2011 as well as Businesswire.com‘s news article titled: “Nuveen Announces Results of Closed-End Fund Shareholder Meetings” with publication date: August 19, 2014.
NXR Company Profile
Nuveen Select Tax-Free Income Portfolio 3 (the Fund) is a closed-end diversified management investment company. The Fund invests substantially all of its assets in a diversified portfolio of long-term, investment-grade quality municipal obligations. The Fund may invest up to 20% of its assets in unrated municipal obligations.
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