NXN (Nuveen NY Select Tax-Freeome Port) Beta: N/A (As of Sep. 09, 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NXN Nuveen NY Select Tax-Free Income Port NXN
25 GF Score
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What is Nuveen NY Select Tax-Freeome Port Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-09), Nuveen NY Select Tax-Freeome Port's Beta is Not available.

Nuveen NY Select Tax-Freeome Port  (NYSE:NXN) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Nuveen NY Select Tax-Freeome Port Beta Related Terms

Nuveen NY Select Tax-Freeome Port Beta Historical Data

* Premium members only.

The historical data trend for Nuveen NY Select Tax-Freeome Port's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen NY Select Tax-Freeome Port Beta Chart

Nuveen NY Select Tax-Freeome Port Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Feb23 Feb24 Feb25
Beta
Get a 7-Day Free Trial 0.19 0.23 0.33 0.32 0.31

Nuveen NY Select Tax-Freeome Port Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.32 -0.06 0.31 -0.16
NXN
25GF Score
Nuveen NY Select Tax-Free Income Port NXN
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen NY Select Tax-Freeome Port Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Nuveen NY Select Tax-Freeome Port Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NY Select Tax-Free Income Port is a diversified closed-end management investment company. Its investment objective are to provide current income exempt from regular federal and New Jersey income tax, and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
25GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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