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NUVEEN SELECT TAX FREE INCOME PORTFOLIO (NXP)

NXP 8-K filings in 2022

Every material Form 8-K NUVEEN SELECT TAX FREE INCOME PORTFOLIO filed with the SEC in 2022, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs in 202213 on record in all
Latest filing in 2022Feb 25, 2022legal/regulatory
High impact (4-5)0of 1 brief
ToneNeutral1
Feb 25, 7:13 AM ET

Nuveen Select Tax-Free Income Portfolio amends by-laws, suspends control share provision

Neutral legal/regulatory Written later 7.01

The Board of Trustees adopted Amendment No. 1 to the Fund's by-laws on February 24, 2022, suspending the control share by-law. The change followed a February 18, 2022 U.S. District Court ruling granting summary judgment to Saba Capital Management on its claims, and the Board and Funds intend to appeal that decision. The control share provision limited voting rights for shareholders who acquired shares in a control share acquisition, so its suspension changes that protection while the court judgment remains in effect.

  • Board of Trustees adopted Amendment No. 1 to the Amended and Restated By-Laws on February 24, 2022
  • U.S. District Court for the Southern District of New York granted summary judgment to Saba on February 18, 2022, on rescission and declaratory judgment claims
  • The control share by-law is of no force while the judgment is effective and reinstates automatically if the judgment is reversed or nullified
  • The Board and the Funds intend to appeal the District Court's decision
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every NUVEEN SELECT TAX FREE INCOME PORTFOLIO filing is on SEC EDGAR ↗. 8-K briefs of other companies →