nq2.htm



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-6548
 
Nuveen Select Tax-Free Income Portfolio
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Kevin J. McCarthy
Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)
 
Registrant's telephone number, including area code:         312-917-7700        
 
Date of fiscal year end:            3/31          
 
Date of reporting period:         6/30/10         
 
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
 
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

Item 1. Schedule of Investments
 

  Portfolio of Investments (Unaudited)      
  Nuveen Select Tax-Free Income Portfolio (NXP)      
      June 30, 2010      
Principal   Optional Call    
Amount (000) Description (1) Provisions (2) Ratings (3) Value
  Alaska – 1.9%      
$ 2,475  Alaska Municipal Bond Bank Authority, General Obligation Bonds, Series 2003E, 5.250%, 12/01/23  12/13 at 100.00  A+ (4)  $ 2,835,360 
  (Pre-refunded 12/01/13) – NPFG Insured       
2,500  Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds,  6/14 at 100.00  Baa3  1,606,250 
  Series 2006A, 5.000%, 6/01/46       
4,975  Total Alaska      4,441,610 
  Arkansas – 0.4%      
5,915  Arkansas Development Finance Authority, Tobacco Settlement Revenue Bonds, Arkansas Cancer  No Opt. Call  Aa2  898,962 
  Research Center Project, Series 2006, 0.000%, 7/01/46 – AMBAC Insured       
  California – 6.0%      
2,000  Alameda Corridor Transportation Authority, California, Subordinate Lien Revenue Bonds, Series  10/17 at 100.00  A–  1,627,640 
  2004A, 0.000%, 10/01/25 – AMBAC Insured       
3,325  California Department of Water Resources, Power Supply Revenue Bonds, Series 2002A,  5/12 at 101.00  AA–  3,698,797 
  6.000%, 5/01/14       
1,000  California Statewide Community Development Authority, Revenue Bonds, Methodist Hospital  8/19 at 100.00  AA  1,110,290 
  Project, Series 2009, 6.750%, 2/01/38       
2,645  Cypress Elementary School District, San Bernardino County, California, General Obligation  No Opt. Call  AAA  652,336 
  Bonds, Series 2009A, 0.000%, 5/01/34 – AGM Insured       
3,000  Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed  6/13 at 100.00  AAA  3,487,980 
  Bonds, Series 2003A-1, 6.750%, 6/01/39 (Pre-refunded 6/01/13)       
1,130  Los Angeles Department of Water and Power, California, Waterworks Revenue Refunding Bonds,  7/11 at 100.00  AA  1,135,492 
  Series 2001A, 5.125%, 7/01/41 – FGIC Insured       
365  Los Angeles, California, Parking System Revenue Bonds, Series 1999A, 5.250%, 5/01/29 –  11/10 at 100.00  A+  368,157 
  AMBAC Insured       
1,000  Moreno Valley Unified School District, Riverside County, California, General Obligation Bonds,  No Opt. Call  463,220 
  Series 2007, 0.000%, 8/01/23 – NPFG Insured       
590  Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2009,  11/19 at 100.00  Baa2  632,987 
  6.750%, 11/01/39       
750  Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed  6/15 at 100.00  BBB  517,290 
  Bonds, Series 2005A-1, 5.500%, 6/01/45       
1,150  Woodside Elementary School District, San Mateo County, California, General Obligation Bonds,  No Opt. Call  AAA  332,879 
  Series 2007, 0.000%, 10/01/30 – AMBAC Insured       
16,955  Total California      14,027,068 
  Colorado – 11.2%      
1,700  Colorado Health Facilities Authority, Revenue Bonds, Catholic Health Initiatives, Series  3/12 at 100.00  AA (4)  1,841,066 
  2002A, 5.500%, 3/01/22 (Pre-refunded 3/01/12)       
690  Colorado Health Facilities Authority, Revenue Bonds, Catholic Health Initiatives, Series  3/12 at 100.00  AA (4)  746,049 
  2002A, 5.500%, 3/01/22 (Pre-refunded 3/01/12)       
390  Colorado Water Resources and Power Development Authority, Small Water Resources Revenue  11/10 at 100.00  391,661 
  Bonds, Series 2000A, 5.800%, 11/01/20 – FGIC Insured       
6,815  Denver City and County, Colorado, Airport System Revenue Bonds, Series 1991D, 7.750%, 11/15/13  No Opt. Call  A+  7,474,487 
  (Alternative Minimum Tax)       
5,000  Denver City and County, Colorado, Airport System Revenue Refunding Bonds, Series 2001A,  11/11 at 100.00  A+  5,259,750 
  5.625%, 11/15/17 – FGIC Insured (Alternative Minimum Tax)       
3,000  Denver Convention Center Hotel Authority, Colorado, Senior Revenue Bonds, Convention Center  12/13 at 100.00  N/R (4)  3,329,070 
  Hotel, Series 2003A, 5.000%, 12/01/23 (Pre-refunded 12/01/13) – SYNCORA GTY Insured       
500  Denver, Colorado, Airport System Revenue Refunding Bonds, Series 2003B, 5.000%, 11/15/33 –  11/13 at 100.00  A+  500,740 
  SYNCORA GTY Insured       
5,000  E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B, 0.000%, 9/01/28  9/10 at 31.42  Aaa  1,569,750 
  (Pre-refunded 9/01/10) – NPFG Insured       
12,500  E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2006A, 0.000%, 9/01/38 –  9/26 at 54.77  1,747,500 
  NPFG Insured       
3,160  Northwest Parkway Public Highway Authority, Colorado, Revenue Bonds, Senior Series 2001A,  6/11 at 102.00  N/R (4)  3,378,388 
  5.500%, 6/15/20 (Pre-refunded 6/15/11) – AMBAC Insured       
38,755  Total Colorado      26,238,461 
  District of Columbia – 0.0%      
60  District of Columbia, Revenue Bonds, Catholic University of America, Series 1999, 5.625%,  10/10 at 100.50  60,626 
  10/01/29 – AMBAC Insured       
  Florida – 7.5%      
2,000  Halifax Hospital Medical Center, Florida, Revenue Bonds, Series 2006, 5.375%, 6/01/46  6/16 at 100.00  A–  1,880,160 
5,000  Jacksonville Health Facilities Authority, Florida, Revenue Bonds, Ascension Health, Series  11/12 at 101.00  Aa1  5,098,700 
  2002A, 5.250%, 11/15/32       
10,000  JEA St. John’s River Power Park System, Florida, Revenue Refunding Bonds, Issue 2, Series  10/11 at 100.00  Aa2  10,467,999 
  2002-17, 5.000%, 10/01/17       
17,000  Total Florida      17,446,859 
  Illinois – 14.0%      
1,965  Board of Trustees of Southern Illinois University, Housing and Auxiliary Facilities System  No Opt. Call  1,218,320 
  Revenue Bonds, Series 1999A, 0.000%, 4/01/20 – NPFG Insured       
2,600  Chicago Heights, Illinois, General Obligation Corporate Purpose Bonds, Series 1993, 5.650%,  12/10 at 100.00  2,652,780 
  12/01/17 – FGIC Insured       
195  DuPage County Community School District 200, Wheaton, Illinois, General Obligation Bonds,  11/13 at 100.00  Aa2  215,522 
  Series 2003B, 5.250%, 11/01/20 – AGM Insured       
805  DuPage County Community School District 200, Wheaton, Illinois, General Obligation Bonds,  11/13 at 100.00  Aa2 (4)  917,676 
  Series 2003B, 5.250%, 11/01/20 (Pre-refunded 11/01/13) – AGM Insured       
600  Illinois Educational Facilities Authority, Student Housing Revenue Bonds, Educational  5/12 at 101.00  Aaa  666,036 
  Advancement Foundation Fund, University Center Project, Series 2002, 6.000%, 5/01/22       
  (Pre-refunded 5/01/12)       
1,050  Illinois Finance Authority, Revenue Bonds, Loyola University of Chicago, Tender Option Bond  No Opt. Call  Aa1  1,108,538 
  Trust 1137, 9.176%, 7/01/15 (IF)       
4,000  Illinois Finance Authority, Revenue Bonds, Northwestern Memorial Hospital, Series 2004A,  8/14 at 100.00  N/R (4)  4,695,600 
  5.500%, 8/15/43 (Pre-refunded 8/15/14)       
1,000  Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Series  8/19 at 100.00  BBB  1,063,600 
  2009, 6.875%, 8/15/38       
2,100  Illinois Finance Authority, Revenue Refunding Bonds, Silver Cross Hospital and Medical  8/18 at 100.00  BBB  1,966,461 
  Centers, Series 2008A, 5.500%, 8/15/30       
1,320  Illinois Health Facilities Authority, Revenue Bonds, Decatur Memorial Hospital, Series 2001,  10/11 at 100.00  1,346,677 
  5.600%, 10/01/16       
2,950  Illinois Health Facilities Authority, Revenue Bonds, Lake Forest Hospital, Series 2002A,  7/12 at 100.00  AA+  3,109,005 
  6.000%, 7/01/17       
2,275  Illinois Health Facilities Authority, Revenue Refunding Bonds, Elmhurst Memorial Healthcare,  1/13 at 100.00  Baa1  2,349,757 
  Series 2002, 6.250%, 1/01/17       
130  Illinois Health Facilities Authority, Revenue Refunding Bonds, Rockford Health System, Series  9/10 at 100.00  N/R  119,153 
  1997, 5.000%, 8/15/21 – AMBAC Insured       
3,125  Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion  No Opt. Call  2,355,500 
  Project, Series 1992A, 0.000%, 6/15/17 – FGIC Insured       
810  Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion  No Opt. Call  AAA  257,264 
  Project, Series 2002A, 0.000%, 6/15/30 – NPFG Insured       
5,000  Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place  6/12 at 101.00  AAA  5,189,900 
  Expansion Project, Series 2002B, 5.000%, 6/15/21 – NPFG Insured       
1,300  Schaumburg, Illinois, General Obligation Bonds, Series 2004B, 5.250%, 12/01/34 – FGIC Insured  12/14 at 100.00  Aaa  1,375,491 
  Yorkville, Illinois, General Obligation Debt Certificates, Series 2003:       
1,000  5.000%, 12/15/19 (Pre-refunded 12/15/11) – RAAI Insured  12/11 at 100.00  N/R (4)  1,067,610 
1,000  5.000%, 12/15/20 (Pre-refunded 12/15/11) – RAAI Insured  12/11 at 100.00  N/R (4)  1,067,610 
33,225  Total Illinois      32,742,500 
  Indiana – 6.7%      
1,000  Franklin Community Multi-School Building Corporation, Marion County, Indiana, First Mortgage  7/14 at 100.00  A (4)  1,148,370 
  Revenue Bonds, Series 2004, 5.000%, 7/15/22 (Pre-refunded 7/15/14) – FGIC Insured       
1,770  Indiana Health Facility Financing Authority, Hospital Revenue Refunding Bonds, Columbus  No Opt. Call  AAA  2,002,808 
  Regional Hospital, Series 1993, 7.000%, 8/15/15 – AGM Insured       
1,000  Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest  3/17 at 100.00  BBB  988,880 
  Indiana, Series 2007, 5.500%, 3/01/37       
9,855  Indianapolis Local Public Improvement Bond Bank, Indiana, Waterworks Project, Series 2002A,  7/12 at 100.00  AAA  10,765,305 
  5.125%, 7/01/21 (Pre-refunded 7/01/12) – NPFG Insured       
750  West Clark 2000 School Building Corporation, Clark County, Indiana, First Mortgage Bonds,  1/15 at 100.00  AA+  786,218 
  Series 2005, 5.000%, 7/15/22 – NPFG Insured       
14,375  Total Indiana      15,691,581 
  Iowa – 1.7%      
1,000  Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C,  6/15 at 100.00  BBB  707,680 
  5.375%, 6/01/38       
4,000  Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B,  6/17 at 100.00  BBB  3,251,240 
  5.600%, 6/01/34       
5,000  Total Iowa      3,958,920 
  Kansas – 0.5%      
500  Lawrence, Kansas, Hospital Revenue Bonds, Lawrence Memorial Hospital, Refunding Series 2006,  7/16 at 100.00  A3  466,190 
  4.875%, 7/01/36       
750  Wamego, Kansas, Pollution Control Revenue Bonds, Kansas Gas and Electric Company, Series 2004,  6/14 at 100.00  763,223 
  5.300%, 6/01/31 – NPFG Insured       
1,250  Total Kansas      1,229,413 
  Kentucky – 0.5%      
1,100  Jefferson County, Kentucky, Health System Revenue Bonds, Alliant Health System Inc., Series  9/13 at 100.50  A (4)  1,108,756 
  1998, 5.125%, 10/01/18 – NPFG Insured (ETM)       
  Louisiana – 1.1%      
2,695  Tobacco Settlement Financing Corporation, Louisiana, Tobacco Settlement Asset-Backed Bonds,  5/11 at 101.00  BBB  2,645,196 
  Series 2001B, 5.875%, 5/15/39       
  Massachusetts – 1.3%      
500  Massachusetts Health and Educational Facilities Authority, Revenue Bonds, CareGroup Inc.,  7/18 at 100.00  A3  490,690 
  Series 2008E-1 &2, 5.000%, 7/01/28       
20  Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Partners HealthCare  7/11 at 101.00  AA  20,982 
  System Inc., Series 2001C, 6.000%, 7/01/17       
480  Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Partners HealthCare  7/11 at 101.00  AAA  512,237 
  System Inc., Series 2001C, 6.000%, 7/01/17 (Pre-refunded 7/01/11)       
1,970  Massachusetts Housing Finance Agency, Housing Bonds, Series 2009F, 5.700%, 6/01/40  12/18 at 100.00  AA–  2,008,120 
2,970  Total Massachusetts      3,032,029 
  Michigan – 1.6%      
1,000  Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Detroit Medical Center  8/10 at 100.00  BB–  909,470 
  Obligated Group, Series 1998A, 5.125%, 8/15/18       
2,900  Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Trinity Health  12/12 at 100.00  AA  2,904,727 
  Credit Group, Series 2002C, 5.375%, 12/01/30       
3,900  Total Michigan      3,814,197 
  Missouri – 0.7%      
5,000  Kansas City Municipal Assistance Corporation, Missouri, Leasehold Revenue Bonds, Series  No Opt. Call  AA–  1,662,700 
  2004B-1, 0.000%, 4/15/30 – AMBAC Insured       
  Nevada – 5.2%      
2,500  Clark County, Nevada, Motor Vehicle Fuel Tax Highway Improvement Revenue Bonds, Series 2003,  7/13 at 100.00  AA–  2,576,925 
  5.000%, 7/01/23 – AMBAC Insured       
1,000  Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran  1/20 at 100.00  Aa3  993,860 
  International Airport, Series 2010A, 5.250%, 7/01/42       
  Director of Nevada State Department of Business and Industry, Revenue Bonds, Las Vegas       
  Monorail Project, First Tier, Series 2000:       
2,360  0.000%, 1/01/21 – AMBAC Insured  No Opt. Call  N/R  349,044 
4,070  0.000%, 1/01/22 – AMBAC Insured  No Opt. Call  N/R  566,870 
6,025  5.375%, 1/01/40 – AMBAC Insured (5)  7/10 at 100.00  N/R  1,632,112 
1,500  Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Series 2009A,  6/19 at 100.00  1,734,810 
  8.000%, 6/15/30       
1,515  Reno, Nevada, Capital Improvement Revenue Bonds, Series 2002, 5.500%, 6/01/21 – FGIC Insured  6/12 at 100.00  1,537,271 
2,555  Reno, Nevada, Capital Improvement Revenue Bonds, Series 2002, 5.500%, 6/01/21 (Pre-refunded  6/12 at 100.00  A3 (4)  2,797,802 
  6/01/12) – FGIC Insured       
21,525  Total Nevada      12,188,694 
  New Hampshire – 0.2%      
350  New Hampshire Housing Finance Authority, Single Family Mortgage Acquisition Bonds, Series  5/11 at 100.00  Aa2  357,620 
  2001A, 5.600%, 7/01/21 (Alternative Minimum Tax)       
  New Jersey – 2.7%      
2,500  New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Somerset Medical Center,  7/13 at 100.00  Ba2  2,291,000 
  Series 2003, 5.500%, 7/01/23       
  Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,       
  Series 2002:       
1,175  5.750%, 6/01/32 (Pre-refunded 6/01/12)  6/12 at 100.00  AAA  1,261,927 
1,000  6.000%, 6/01/37 (Pre-refunded 6/01/12)  6/12 at 100.00  AAA  1,104,560 
2,500  Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,  6/17 at 100.00  BBB  1,639,200 
  Series 2007-1A, 5.000%, 6/01/41       
7,175  Total New Jersey      6,296,687 
  New Mexico – 2.2%      
1,000  New Mexico Mortgage Finance Authority, Multifamily Housing Revenue Bonds, St Anthony, Series  9/17 at 100.00  AAA  1,007,650 
  2007A, 5.250%, 9/01/42 (Alternative Minimum Tax)       
4,000  University of New Mexico, FHA-Insured Mortgage Hospital Revenue Bonds, Series 2004, 4.625%,  7/14 at 100.00  AAA  4,073,840 
  7/01/25 – AGM Insured       
5,000  Total New Mexico      5,081,490 
  New York – 0.4%      
1,000  Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Kaleida  2/14 at 100.00  AAA  1,028,830 
  Health, Series 2004, 5.050%, 2/15/25       
  North Carolina – 1.7%      
1,000  North Carolina Eastern Municipal Power Agency, Power System Revenue Bonds, Series 2008C,  1/19 at 100.00  A–  1,181,540 
  6.750%, 1/01/24       
2,195  North Carolina Eastern Municipal Power Agency, Power System Revenue Refunding Bonds, Series  9/10 at 100.00  A–  2,197,656 
  1993B, 5.500%, 1/01/21       
500  Raleigh Durham Airport Authority, North Carolina, Airport Revenue Bonds, Series 2001A, 5.250%,  5/11 at 101.00  Aa3  513,970 
  11/01/17 – FGIC Insured       
3,695  Total North Carolina      3,893,166 
  Ohio – 0.6%      
1,500  Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue  6/17 at 100.00  BBB  1,115,220 
  Bonds, Senior Lien, Series 2007A-2, 6.000%, 6/01/42       
300  Lebanon, Ohio, Electric System Mortgage Revenue Bonds, Series 2001, 5.500%, 12/01/17  12/10 at 101.00  Aa3 (4)  309,627 
  (Pre-refunded 12/01/10) – AMBAC Insured       
1,800  Total Ohio      1,424,847 
  Oklahoma – 2.1%      
1,000  Norman Regional Hospital Authority, Oklahoma, Hospital Revenue Bonds, Series 2005,  9/16 at 100.00  BB+  829,930 
  5.375%, 9/01/36       
4,000  Oklahoma Development Finance Authority, Revenue Bonds, St. John Health System, Series 2004,  2/14 at 100.00  4,023,480 
  5.000%, 2/15/24       
5,000  Total Oklahoma      4,853,410 
  Pennsylvania – 0.5%      
500  Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Widener University,  7/13 at 100.00  BBB+  506,850 
  Series 2003, 5.250%, 7/15/24       
700  Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2004A, 5.500%, 12/01/31 –  12/14 at 100.00  Aa3  739,886 
  AMBAC Insured       
1,200  Total Pennsylvania      1,246,736 
  Puerto Rico – 0.5%      
1,000  Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series  8/19 at 100.00  A+  1,063,250 
  2009A, 6.000%, 8/01/42       
  South Carolina – 7.6%      
1,250  Dorchester County School District 2, South Carolina, Installment Purchase Revenue Bonds,  12/14 at 100.00  AA–  1,330,650 
  GROWTH, Series 2004, 5.250%, 12/01/20       
10,000  Greenville County School District, South Carolina, Installment Purchase Revenue Bonds, Series  12/12 at 101.00  AA (4)  11,379,796 
  2002, 5.875%, 12/01/19 (Pre-refunded 12/01/12)       
1,500  Lexington County Health Service District, South Carolina, Hospital Revenue Refunding and  11/13 at 100.00  A+ (4)  1,740,885 
  Improvement Bonds, Series 2003, 6.000%, 11/01/18 (Pre-refunded 11/01/13)       
520  South Carolina JOBS Economic Development Authority, Economic Development Revenue Bonds, Bon  11/12 at 100.00  A3 (4)  580,148 
  Secours Health System Inc., Series 2002A, 5.625%, 11/15/30 (Pre-refunded 11/15/12)       
1,980  South Carolina JOBS Economic Development Authority, Economic Development Revenue Bonds, Bon  11/12 at 100.00  A–  1,984,000 
  Secours Health System Inc., Series 2002B, 5.625%, 11/15/30       
685  Tobacco Settlement Revenue Management Authority, South Carolina, Tobacco Settlement  5/12 at 100.00  BBB (4)  713,099 
  Asset-Backed Bonds, Series 2001B, 6.000%, 5/15/22 (Pre-refunded 5/15/12)       
15,935  Total South Carolina      17,728,578 
  Texas – 8.5%      
5,000  Brazos River Harbor Navigation District, Brazoria County, Texas, Environmental Facilities Revenue  5/12 at 101.00  BBB–  5,057,050 
  Bonds, Dow Chemical Company Project, Series 2002A-6, 6.250%, 5/15/33 (Mandatory put 5/15/17)       
  (Alternative Minimum Tax)       
1,000  Dallas Area Rapid Transit, Texas, Senior Lien Sales Tax Revenue Bonds, Series 2001, 5.000%,  12/11 at 100.00  AAA  1,065,450 
  12/01/31 (Pre-refunded 12/01/11) – AMBAC Insured       
360  Dallas-Fort Worth International Airport Public Facility Corporation, Texas, Airport Hotel Revenue  9/10 at 100.00  AAA  360,576 
  Bonds, Series 2001, 5.500%, 1/15/20 – AGM Insured       
2,300  Harris County Health Facilities Development Corporation, Texas, Thermal Utility Revenue Bonds,  11/13 at 100.00  AA  2,330,498 
  TECO Project, Series 2003, 5.000%, 11/15/30 – NPFG Insured       
1,750  Harris County-Houston Sports Authority, Texas, Junior Lien Revenue Bonds, Series 2001H,  No Opt. Call  426,528 
  0.000%, 11/15/30 – NPFG Insured       
3,470  Harris County-Houston Sports Authority, Texas, Senior Lien Revenue Refunding Bonds, Series  11/30 at 61.17  483,198 
  2001A, 0.000%, 11/15/38 – NPFG Insured       
2,805  Harris County-Houston Sports Authority, Texas, Third Lien Revenue Bonds, Series 2004-A3.,  11/24 at 52.47  449,249 
  0.000%, 11/15/35 – NPFG Insured       
45  Irving Independent School District, Dallas County, Texas, General Obligation Refunding Bonds,  2/12 at 100.00  AAA  45,660 
  Series 2002A, 5.000%, 2/15/31       
3,455  Irving Independent School District, Dallas County, Texas, General Obligation Refunding Bonds,  2/12 at 100.00  AAA  3,710,394 
  Series 2002A, 5.000%, 2/15/31 (Pre-refunded 2/15/12)       
1,780  Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation  8/16 at 35.23  AAA  423,053 
  Bonds, Series 2007, 0.000%, 8/15/37       
2,000  North Texas Thruway Authority, First Tier System Revenue Refunding Bonds, Capital Appreciation  1/25 at 100.00  A2  1,563,940 
  Series 2008I, 0.000%, 1/01/43       
2,000  Richardson Hospital Authority, Texas, Revenue Bonds, Richardson Regional Medical Center,  12/13 at 100.00  Baa2  1,908,820 
  Series 2004, 6.000%, 12/01/34       
465  San Antonio, Texas, Water System Revenue Refunding Bonds, Series 1992, 6.000%, 5/15/16  5/12 at 100.00  Aa3 (4)  496,169 
  (Pre-refunded 5/15/12) – NPFG Insured       
1,750  Texas, General Obligation Bonds, Water Financial Assistance Program, Series 2003A, 5.125%,  8/13 at 100.00  Aaa  1,689,835 
  8/01/42 (Alternative Minimum Tax)       
28,180  Total Texas      20,010,420 
  Utah – 0.4%      
775  Utah State Building Ownership Authority, Lease Revenue Bonds, State Facilities Master Lease  11/11 at 100.00  AA+  814,215 
  Program, Series 2001B, 5.250%, 5/15/24       
  Virginia – 1.1%      
1,500  Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage  10/17 at 100.00  N/R  1,443,825 
  Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/42       
2,000  Metropolitan Washington DC Airports Authority, Virginia, Dulles Toll Road Revenue Bonds,  10/28 at 100.00  BBB+  1,195,040 
  Dulles Metrorail Capital Appreciation, Series 2010B, 0.000%, 10/01/44       
3,500  Total Virginia      2,638,865 
  Washington – 6.8%      
250  Energy Northwest, Washington, Electric Revenue Refunding Bonds, Columbia Generating Station –  7/12 at 100.00  Aaa  271,393 
  Nuclear Project 2, Series 2002C, 5.500%, 7/01/17 – NPFG Insured       
2,470  Snohomish County Public Utility District 1, Washington, Generation System Revenue Bonds,  No Opt. Call  Aaa  2,612,000 
  Series 1989, 6.750%, 1/01/12 (ETM)       
9,750  Washington State Health Care Facilities Authority, Revenue Bonds, Sisters of Providence Health  10/11 at 100.00  AA  10,090,957 
  System, Series 2001A, 5.125%, 10/01/17 – NPFG Insured       
2,025  Washington State Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Revenue Bonds,  6/13 at 100.00  BBB  2,071,372 
  Series 2002, 6.500%, 6/01/26       
2,115  Washington State, Motor Vehicle Fuel Tax General Obligation Bonds, Series 2003F, 0.000%,  No Opt. Call  AA+  954,500 
  12/01/27 – NPFG Insured       
16,610  Total Washington      16,000,222 
  West Virginia – 0.2%      
500  West Virginia Hospital Finance Authority, Revenue Bonds, United Hospital Center Inc. Project,  6/16 at 100.00  A+  485,045 
  Series 2006A, 4.500%, 6/01/26 – AMBAC Insured       
  Wisconsin – 1.8%      
640  Badger Tobacco Asset Securitization Corporation, Wisconsin, Tobacco Settlement Asset-Backed  6/12 at 100.00  AAA  690,413 
  Bonds, Series 2002, 6.125%, 6/01/27 (Pre-refunded 6/01/12)       
1,000  Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Wheaton Franciscan  8/13 at 100.00  BBB+  1,023,230 
  Services Inc., Series 2003A, 5.500%, 8/15/17       
2,500  Wisconsin, General Obligation Refunding Bonds, Series 2003-3, 5.000%, 11/01/26  11/13 at 100.00  AA  2,602,200 
4,140  Total Wisconsin      4,315,843 
$     270,560  Total Long-Term Investments (cost $224,169,732) – 97.6%      228,426,796 
 
Principal        
Amount (000) Description (1)     Value
  Short-Term Investments – 1.0%      
$        2,374  State Street Bank Euro Dollar Time Deposit, 0.010%, 7/01/10      $    2,373,785 
  Total Short-Term Investments (cost $2,373,785)      2,373,785 
  Total Investments (cost $226,543,517) – 98.6%      230,800,581 
  Other Assets Less Liabilities – 1.4%      3,291,747 
  Net Assets – 100%      $ 234,092,328 

Fair Value Measurements
 
In determining the value of the Fund’s investments, various inputs are used. These inputs are summarized in the three broad levels listed below:
 
  Level 1 – Quoted prices in active markets for identical securities.
 
  Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
 
  Level 3 – Significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
 
The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of June 30, 2010:
 
  Level 1 Level 2 Level 3 Total
Investments:         
Municipal Bonds  $            —  $228,426,796  $ —  $228,426,796 
Short-Term Investments  2,373,785  —  —  2,373,785 
Total  $2,373,785  $228,426,796  $ —  $230,800,581 

Income Tax Information
 
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
 
At June 30, 2010, the cost of investments was $226,126,180.
 
Gross unrealized appreciation and gross unrealized depreciation of investments at June 30, 2010, were as follows:
 
Gross unrealized:   
   Appreciation  $ 15,632,072 
   Depreciation  (10,957,671)
Net unrealized appreciation (depreciation) of investments  $   4,674,401 

(1)  All percentages shown in the Portfolio of Investments are based on net assets. 
(2)  Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
  There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
  may be subject to periodic principal paydowns. 
(3)  Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investor Service, 
  Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or 
  BBB by Fitch are considered to be below investment grade. 
(4)  Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, 
  which ensure the timely payment of principal and interest. Such investments are normally considered to 
  be equivalent to AAA rated securities. 
(5)  The Adviser has concluded this issue is not likely to meet its future interest payment obligations and 
  has directed the Fund’s custodian to cease accruing additional income on the Fund’s records. 
N/R  Not rated. 
(ETM)  Escrowed to maturity. 
(IF)  Inverse floating rate investment. 
 

Item 2. Controls and Procedures.

a.  
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
 
b.  
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
 
Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
(Registrant)  Nuveen Select Tax-Free Income Portfolio 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date         August 27, 2010        
 
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
 
By (Signature and Title)     /s/ Gifford R. Zimmerman                    
                                                    Gifford R. Zimmerman
                                                  Chief Administrative Officer (principal executive officer) 
 
Date         August 27, 2010        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date         August 27, 2010