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AI brief of an SEC Form 8-K · NUVEEN SELECT TAX FREE INCOME PORTFOLIO (NXP)

Nuveen Select Tax-Free Income Portfolio adds four independent board members effective January 1, 2024

Neutral Impact 3 of 5 leadership Written later

The fund's board, along with other funds in the Nuveen and TIAA-CREF fund complex, approved consolidating board membership so the same board members oversee all funds in the complex. Four independent trustees will join the board on January 1, 2024, and the board will have twelve members; the company says this is expected to reduce costs and expenses that would benefit shareholders.

Key points

  • Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny and Loren M. Starr appointed as independent board members effective January 1, 2024
  • Board size set at twelve members effective January 1, 2024
  • Trustees Jack B. Evans and William C. Hunter expected to retire effective December 31, 2023 under board retirement policies
  • Company states the consolidation is expected to generate cost efficiencies and expense savings for fund shareholders

The filing

CompanyNUVEEN SELECT TAX FREE INCOME PORTFOLIO (NXP)
Form8-K, current report
Filed with the SECOct 13, 2023, 7:18 AM ET
Accession number0001193125-23-255676

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.