Nuveen California Select Tax-Free Income Portfolio (NYSE: NXC), along with Nuveen New York Select Tax-Free Income Portfolio (NYSE: NXN), will be reorganized into the Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) following shareholder approval. As part of this reorganization, NXC and NXN will be combined into NXP. The funds announced that pre-reorganization distributions, typically paid monthly, will be replaced by distributions declared on December 30, 2025, with a record date of January 9, 2026, and payable February 2, 2026. However, as NXC and NXN do not currently estimate any accumulated undistributed net investment income, no pre-reorganization distribution will be made for these funds. NXP will continue with its regular monthly distribution schedule, declaring its distribution on January 2, 2026, with a record date of January 15, 2026, and payable on February 2, 2026. Additional post-reorganization distributions may also be made, ensuring shareholders receive at least the same per-share amount as the prior month’s tax-exempt distribution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuveen California Select Tax-Free Income Portfolio published the original content used to generate this news brief via Business Wire (Ref. ID: 20251230142550) on December 30, 2025, and is solely responsible for the information contained therein.