<SEC-DOCUMENT>0001193125-23-200187.txt : 20230901
<SEC-HEADER>0001193125-23-200187.hdr.sgml : 20230901
<ACCEPTANCE-DATETIME>20230801122325
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-23-200187
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20230801

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NUVEEN CALIFORNIA SELECT TAX FREE INCOME PORTFOLIO
		CENTRAL INDEX KEY:			0000885732
		IRS NUMBER:				363828111
		STATE OF INCORPORATION:			MA

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		333 W WACKER DR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3129178200

	MAIL ADDRESS:	
		STREET 1:		333 W WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUVEEN INSURED CALIFORNIA SELECT TAX FREE INCOME PORTFOLIO
		DATE OF NAME CHANGE:	19920929

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUVEEN CALIFORNIA SELECT TAX FREE INCOME PORTFOLIO
		DATE OF NAME CHANGE:	19600201
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
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<TITLE>Nuveen California Select Tax-Free Income Portfolio</TITLE>
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 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>K. Michael Carlton </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">+1.202.373.6070 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">michael.carlton@morganlewis.com </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August&nbsp;1, 2023 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>VIA EDGAR </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ms.&nbsp;Lisa Larkin, Esq. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Investment Management,
Disclosure Review Office </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">U.S. Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, NE </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, DC 20549 </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Nuveen California Select <FONT STYLE="white-space:nowrap">Tax-Free</FONT> Income Portfolio
</P></TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><U>File Nos. <FONT STYLE="white-space:nowrap">333-271871</FONT> and
<FONT STYLE="white-space:nowrap">811-06548</FONT></U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Ms.&nbsp;Larkin: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On behalf of our client, Nuveen California Select <FONT STYLE="white-space:nowrap">Tax-Free</FONT> Income Portfolio (the &#147;Fund&#148; or
&#147;Registrant&#148;), we are responding to Staff comments we received telephonically on June&nbsp;12, 2023, as well as an accounting comment from the Staff received telephonically on June&nbsp;5, 2023, related to the Fund&#146;s registration
statement on Form <FONT STYLE="white-space:nowrap">N-2</FONT> (the &#147;Amendment&#148;) pursuant to the Securities Act of 1933 (the &#147;1933 Act&#148;) (Amendment No.&nbsp;5 to the registration statement pursuant to the Investment Company Act of
1940 (the &#147;1940 Act&#148;)). The Amendment was filed with the U.S. Securities and Exchange Commission (&#147;SEC&#148;) on May&nbsp;12, 2023, for the purpose of registering additional Common Shares of the Fund for an offering under Rule 415
under the 1933 Act. Capitalized terms used, but not defined, herein have the same meaning given to them in the Fund&#146;s registration statement. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Base Prospectus </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes that the Registrant last filed an <FONT STYLE="white-space:nowrap">N-2</FONT>
registration statement in 2016. Please explain supplementally how the Fund has complied with Rule 415(a)(5) under the 1933 Act since that filing. </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan, Lewis&nbsp;&amp; Bockius <SMALL>LLP</SMALL></B></TD></TR>
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<TD VALIGN="bottom" COLSPAN="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1111 Pennsylvania Avenue, NW</TD></TR>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington, DC 20004</TD>
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&nbsp;+1.202.739.3000</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States</TD>
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&nbsp;+1.202.739.3001</TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ms. Lisa Larkin, Esq. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August 1, 2023 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 2
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant confirms that the Fund did not offer or sell any
Fund shares after the <FONT STYLE="white-space:nowrap">one-year</FONT> period following the initial effective date of its last <FONT STYLE="white-space:nowrap">N-2</FONT> registration statement, which was first filed on July&nbsp;14, 2016, amended
on August&nbsp;11, 2017, and declared effective on August&nbsp;16, 2017.</I> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes that the facing sheet to the Amendment states that the Fund is qualified to
register securities pursuant to General Instruction A.2 of Form <FONT STYLE="white-space:nowrap">N-2.</FONT> Please confirm the Fund is A.2 Qualified. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant has reviewed Instructions A.2 and F.3 of Form <FONT STYLE="white-space:nowrap">N-2</FONT> and
confirms that the Fund is A.2 Qualified.</I> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes that the Amendment states that &#147;[t]he minimum price on any day at which
Common Shares may be sold will not be less than the NAV per Common Share at the time of the offering plus the per share amount of any underwriting commission or discount.&#148; Please explain supplementally how the Fund complies with
Section&nbsp;23(b) and the accompanying disclosure. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant notes that
Section&nbsp;23(b) of the 1940 Act states that &#147;[n]o registered <FONT STYLE="white-space:nowrap">closed-end</FONT> company shall sell any common stock of which it is the issuer at a price below the current net asset value of such stock,
exclusive of any distributing commission or discount&#133;.&#148; By generally prohibiting funds from issuing additional shares for less than NAV, Section&nbsp;23(b) prevents funds from diluting the value of their common shares. Although at times,
the market price for Fund shares may be less than its NAV (i.e., shares trade at a discount), the Fund does not sell its shares on those dates. The Fund only sells its shares when the market price for Fund shares is greater than its NAV, plus the
per share amount of any underwriting commission or discount (i.e., shares trade at a premium), as permitted by Section&nbsp;23(b). Accordingly, the Registrant does not believe the referenced disclosure presents any inconsistency. However, to
mitigate any potential investor confusion, the Registrant has replaced each instance of the term &#147;last reported sale price&#148; with &#147;closing price&#148; on the cover page and in the Prospectus Summary.</I> </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> Please confirm the accuracy of the Fund&#146;s expense examples. In addition, please provide
the Staff supplementally the calculations used by the Registrant to determine the Fund&#146;s expense examples. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>Confirmed. The Registrant provided the Fund&#146;s expense example calculations to the Staff via <FONT
STYLE="white-space:nowrap">e-mail</FONT> on July&nbsp;18, 2023.</I> </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ms. Lisa Larkin, Esq. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August 1, 2023 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
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 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

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<TD WIDTH="4%" VALIGN="top" ALIGN="left">5.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes that the Fund may invest in municipal securities that may be acquired through
&#147;investments in pooled vehicles, partnerships, or other investment companies.&#148; Please state supplementally the extent to which the Fund will invest in 3(c)(1) funds and 3(c)(7) funds. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant does not invest, and has not historically invested, in pooled vehicles, partnerships, or other
investment companies, including 3(c)(1) funds and 3(c)(7) funds, to any material degree (i.e., more than 15% of its Managed Assets), nor does it currently intend to invest in such vehicles to any material degree. However, the Fund may invest up to
15% of its net assets in inverse floating rate securities issued by tender option bond trusts in reliance on Sections 3(c)(1) or 3(c)(7), which in turn may produce up to 10% effective leverage. As of June&nbsp;30, 2023, the Fund was not invested in
inverse floating rate securities</I>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><I>With that said, the Registrant is not aware of any limitations on the investment in such vehicles
under the 1940 Act or otherwise and reserves the right to invest in such companies in the future in a manner consistent with the Fund&#146;s investment objectives. To the extent the Fund invests more than 15% of its assets in 3(c)(1) funds or
3(c)(7) funds, the registration statement will be updated to include additional disclosure describing such investments, the associated risks and any other pertinent disclosures. The updated registration statement will be filed with the SEC, as
appropriate, at which time the Registrant will endeavor to engage in a discussion with the Staff regarding such changes. Of course, to the extent the SEC adopts any rules or regulations, or its Staff issues any guidance in this area, the Registrant
will modify its policies in accordance with such guidance. </I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">6.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes that the Amendment does not discuss senior securities (Item 4.3 of Form <FONT
STYLE="white-space:nowrap">N-2)</FONT> or the effects of leverage (Item 8.3.b of Form <FONT STYLE="white-space:nowrap">N-2).</FONT> Please confirm these omissions are appropriate. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant confirms that these omissions are appropriate as the Fund will not leverage its capital structure by
issuing senior securities, such as preferred shares or debt instruments, and the Fund has not previously offered such senior securities.</I> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">7.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes that, pursuant to Item 8.2 of Form <FONT STYLE="white-space:nowrap">N-2,</FONT>
the Fund&#146;s Prospectus should include a description of the Fund&#146;s policies that will constitute its principal portfolio emphasis, including &#147;other policies of the Registrant that may not be changed without the vote of a majority of the
outstanding voting securities, including those policies that the Registrant deems to be fundamental within the meaning of Section&nbsp;8(b) of the Investment Company Act.&#148; Please add a description of the Fund&#146;s fundamental policies to the
Prospectus. </P></TD></TR></TABLE>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ms. Lisa Larkin, Esq. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August 1, 2023 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant has made the suggested change.</I> </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">8.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> Consider adding a discussion of LIBOR and SOFR to the Fund&#146;s &#147;Interest Rate
Risk.&#148; </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant has made the suggested change.</I> </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">9.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> Under the discussion of the Fund&#146;s Dividend Reinvestment Plan (the &#147;Plan&#148;),
please clarify what happens to partial shares. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><I></I><B><I>Response</I></B><I>: The Registrant notes that whenever the
Fund declares a distribution payable in shares or cash at the option of the shareholder, each shareholder that elects to participate in the Plan (each, a &#147;Participant&#148;) shall take such distribution entirely in shares, including fractional
shares, except in certain circumstances described by the Plan. The Plan states the following: </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">Although a Participant may from time to
time have an undivided fractional interest (computed to three decimal places) in a share of the Fund, and distributions on fractional shares will be credited to the Participant&#146;s account, no certificates for a fractional share will be issued.
In the event of termination of a Participant&#146;s account under the Plan, State Street will adjust for any such undivided fractional interest at the market value of the Fund&#146;s shares at the time of termination. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><I>The corresponding disclosure under the &#147;Dividend Reinvestment Plan&#148; has been revised to reflect the treatment of fractional shares
described above. With that said, the Registrant notes that the Prospectus already includes the following language that is responsive to the Staff&#146;s comment: </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">If you withdraw or the Plan is terminated, you will receive whole shares in your account under the Plan and you will receive a cash payment for
any fraction of a share in your account. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">10.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> Consider whether the Fund should add disclosure, pursuant to Item 12 of Form <FONT
STYLE="white-space:nowrap">N-2,</FONT> related to any material pending legal proceedings to which the Fund, its investment adviser, or any subsidiary of the Fund is a party (<I>e.g.</I>, the Saba Capital litigation related to control share
acquisitions). </P></TD></TR></TABLE>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ms. Lisa Larkin, Esq. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August 1, 2023 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 5
 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant notes that the Fund is not a party to the Saba
Capital litigation, and although its investment adviser and affiliated funds are party to the litigation, the Registrant does not consider this, or any other, litigation to be a material pending legal proceeding with respect to the Fund.
Nevertheless, we have added disclosure to the Prospectus related to the Saba Capital legal proceedings under the section titled &#147;Certain Provisions in the Declaration of Trust and
<FONT STYLE="white-space:nowrap">By-Laws&#151;Anti-Takeover</FONT> Provisions&#148; to explain why the Board has suspended the Control Share Acquisition provisions in the Fund&#146;s <FONT STYLE="white-space:nowrap">By-Laws.</FONT></I> </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">11.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> As noted in Comment 2, the Staff notes that the Fund states it is A.2 Qualified. As such,
please confirm that the Fund will include updated information about its fees and expenses, senior securities, share price data, and unresolved Staff comments in its next annual report, per Instruction 4(h) of Item 24 of Form <FONT
STYLE="white-space:nowrap">N-2.</FONT> </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>Confirmed.</I> </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">12.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> Please revise the header to the &#147;Table of Contents&#148; included on page 60 of the
Prospectus to clarify that this is the table of contents of the SAI. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant has made
the requested change.</I> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">13.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> To the extent necessary, please update the information provided in Appendix A to the
Prospectus. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant has made the requested change.</I> </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Statement of Additional Information (&#147;SAI&#148;) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">14.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes the following sentence appears at the end of the &#147;Investment
Restrictions&#148; section of the SAI: </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">The restrictions and other limitations set forth above will apply only at the
time of purchase of securities and will not be considered violated unless an excess or deficiency occurs or exists immediately after and as a result of an acquisition of securities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Please note that this statement does not apply to borrowing. </P>

<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ms. Lisa Larkin, Esq. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August 1, 2023 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 6
 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><I></I><B><I>Response</I></B><I>: The Fund&#146;s fundamental investment policy related to
borrowing permits the Fund to borrow as permitted by the 1940 Act. Section&nbsp;18(a) of the 1940 Act specifies that a <FONT STYLE="white-space:nowrap">closed-end</FONT> fund shall not issue senior securities or sell any such security of which it is
the issuer unless asset coverage requirements are met &#147;immediately after such issuance or sale.&#148; Accordingly, the Registrant believes that the limitations on the Fund&#146;s borrowings generally apply only at the time of the borrowing,
unlike an <FONT STYLE="white-space:nowrap">open-end</FONT> fund, which is subject to ongoing asset coverage requirements under the 1940 Act. Nevertheless, the &#147;at the time of purchase&#148; language above has been revised to exclude the
borrowing policy per the Staff&#146;s comment. </I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">15.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes the inclusion of the Semi-Annual Report in Item 25 of the Part C. Please also
add a reference to the Semi-Annual Report under the &#147;Incorporation by Reference&#148; section of the Prospectus. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>The Registrant has deleted the reference to the Fund&#146;s August&nbsp;31, 2022 Semi-Annual Report from Item 25(1)
in the Part C because the financial statements in the Fund&#146;s Semi-Annual Report are not incorporated by reference in the Fund&#146;s Prospectus and SAI given the availability of the Fund&#146;s more recent February&nbsp;28, 2023 Annual
Report.</I> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">16.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> The Staff notes that the current powers of attorney cited in the Amendment are dated as of
April&nbsp;21, 2022, and the powers of attorney cover dozens of Nuveen <FONT STYLE="white-space:nowrap">closed-end</FONT> funds, including the Fund. Rule 483(b) under the 1933 Act states that a power of attorney &#147;filed with the [SEC] shall
relate to a specific filing, an amendment thereto, or a related registration statement that is to be effective upon filing pursuant to Rule 462(b) under the [1933] Act.&#148; Please either <FONT STYLE="white-space:nowrap">re-file</FONT> the powers
of attorney for the Amendment or update the appendix to the existing powers of attorney as of a date that coincides with the filing date of this Amendment. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B><I>Response</I></B>: <I>Prior to the initial filing date for this Amendment, the Registrant had refreshed its Trustees&#146; powers of
attorney, which cover the directors/trustees of Nuveen&#146;s <FONT STYLE="white-space:nowrap">closed-end</FONT> funds, whenever a new <FONT STYLE="white-space:nowrap">closed-end</FONT> fund was added to Nuveen&#146;s shelf program or a new
individual was appointed to serve as an <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorney-in-fact</FONT></FONT> for the Nuveen directors/trustees. The Registrant notes that such powers of attorney related solely to
registration statements on Form <FONT STYLE="white-space:nowrap">N-2,</FONT> and certain related documents, that are signed, executed and filed to register shares of the Fund, as well as the other Nuveen
<FONT STYLE="white-space:nowrap">closed-end</FONT> funds listed in Appendix A to the powers of attorney. As such, the Registrant believes that its prior practice met the specificity requirements set forth in Rule 483(b) under the 1933 Act. However,
on a going forward basis, the Registrant agrees to update the powers of attorney that cover the Trustees of the Fund, as well as the other Nuveen <FONT STYLE="white-space:nowrap">closed-end</FONT> funds, on an annual basis. Accordingly, updated
powers of attorney, dated as of June&nbsp;14, 2023, have been executed, filed as exhibits to the registration statement of Nuveen Select Tax-Free Income Portfolio, an affiliated Nuveen <FONT STYLE="white-space:nowrap">closed-end</FONT> fund, and
will be incorporated by reference as exhibits to this Amendment.</I> </P>

<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ms. Lisa Larkin, Esq. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">August 1, 2023 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 7
 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">17.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Comment:</B> To the extent the Fund is not A.2 Qualified, please provide the undertakings required by Item
34 of Form <FONT STYLE="white-space:nowrap">N-2.</FONT> </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><I></I><B><I>Response</I></B><I>: As noted in response to
Comment 2, the Registrant confirms that the Fund is A.2 Qualified and, as a result, the Registrant is not required to provide the undertakings set forth in Item 34 of Form <FONT STYLE="white-space:nowrap">N-2.</FONT> </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">* * * * * </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If you have any additional questions
or comments, please do not hesitate to contact me at (202) <FONT STYLE="white-space:nowrap">373-6070</FONT> or Thomas S. Harman at (202) <FONT STYLE="white-space:nowrap">373-6725.</FONT> </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Sincerely,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ K. Michael Carlton</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">K. Michael Carlton</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">cc:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Thomas S. Harman, Esq. </P></TD></TR></TABLE>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Mark L. Winget, Esq. </P>
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