What this ETF is trying to do

The Nuveen Select Tax-Free Income Portfolio (NXP) is an ETF designed to provide investors with tax-free income. It focuses on paying out regular distributions to people who want a steady stream of cash.

What the numbers show

As of October 9, 2026, the share price of NXP is $13.12. To understand how the price has changed, we can look at the price return and the total return.

• Price Return: This measures only the change in the share price. The one-year price return is -8.76%, and the year-to-date (YTD) price return is -6.95%.

• Total Return: This reflects the overall return, including the distributions paid to investors. The one-year total return is -4.57%, and the YTD total return is -3.75%.

For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($14.38), the price-only decline of -8.76% would mean your shares are now worth approximately $9,124.

Income and distribution explanation

NXP usually pays distributions monthly. Over the last 12 months, it has made 12 payouts totaling $0.64 per share. This results in a distribution yield of approximately 4.90%.

It is important for beginners to know that a high distribution yield alone can be misleading. While these payments provide cash income, they do not guarantee that the original money you invested (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the net asset value of a fund declines over time. StockValueFinder uses an erosion-risk score to measure this. NXP has an erosion score of 75, which is labeled as "mild price erosion." This is a measurement of risk and does not necessarily mean the fund's value has collapsed.

Pros

• Regular Income: The ETF provides monthly cash distributions.

• Positive Long-Term Total Return: While recent years have been down, the three-year total return is 8.31%.

Cons

• Price Decline: The share price has fallen over the last year and so far this year.

• Erosion Risk: The fund has a "mild" erosion-risk label.

Beginner takeaway

NXP is built for income, but the share price has been trending downward recently. When looking at this ETF, remember that the total return is different from the price return because it includes the cash paid out to you. Always look at both the income yield and the price trend to see the full picture.