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:         12/31/11         
 
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) 
     
   
December 31, 2011 
     
           
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) 
$ 2,706,883 
   
(Pre-refunded 12/01/13) – NPFG Insured 
     
2,675 
 
Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, 
6/14 at 100.00 
B2 
1,845,456 
   
Series 2006A, 5.000%, 6/01/46 
     
5,150 
 
Total Alaska 
   
4,552,339 
   
Arizona – 1.4% 
     
2,500 
 
Arizona Health Facilities Authority, Hospital Revenue Bonds, Catholic Healthcare West, Series 
No Opt. Call 
A 
2,564,750 
   
2011B-1&2, 5.250%, 3/01/39 
     
625 
 
Pima County Industrial Development Authority, Arizona, Revenue Bonds, Tucson Electric Power 
10/20 at 100.00 
BBB– 
630,400 
   
Company, Series 2010A, 5.250%, 10/01/40 
     
3,125 
 
Total Arizona 
   
3,195,150 
   
Arkansas – 0.5% 
     
5,915 
 
Arkansas Development Finance Authority, Tobacco Settlement Revenue Bonds, Arkansas Cancer 
No Opt. Call 
Aa2 
1,116,575 
   
Research Center Project, Series 2006, 0.000%, 7/01/46 – AMBAC Insured 
     
   
California – 11.1% 
     
2,000 
 
Alameda Corridor Transportation Authority, California, Subordinate Lien Revenue Bonds, Series 
10/17 at 100.00 
BBB+ 
1,871,860 
   
2004A, 0.000%, 10/01/25 – AMBAC Insured 
     
1,290 
 
Anaheim Public Finance Authority, California, Subordinate Lease Revenue Bonds, Public 
No Opt. Call 
AA– 
389,735 
   
Improvement Project, Series 1997C, 0.000%, 9/01/30 – AGM Insured 
     
3,325 
 
California Department of Water Resources, Power Supply Revenue Bonds, Series 2002A, 6.000%, 
5/12 at 101.00 
AA– (4) 
3,421,990 
   
5/01/14 (Pre-refunded 5/01/12) 
     
1,000 
 
California Statewide Community Development Authority, Revenue Bonds, Methodist Hospital 
8/19 at 100.00 
Aa2 
1,151,180 
   
Project, Series 2009, 6.750%, 2/01/38 
     
3,790 
 
Coast Community College District, Orange County, California, General Obligation Bonds, Series 
8/16 at 33.79 
Aa1 
891,256 
   
2006C, 0.000%, 8/01/36 – AGM Insured 
     
2,645 
 
Cypress Elementary School District, Orange County, California, General Obligation Bonds, 
No Opt. Call 
AA 
685,875 
   
Series 2009A, 0.000%, 5/01/34 – AGM Insured 
     
1,980 
 
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement 
No Opt. Call 
A2 
781,961 
   
Asset-Backed Revenue Bonds, Series 2005A, 0.000%, 6/01/28 – AMBAC Insured 
     
3,000 
 
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed 
6/13 at 100.00 
Aaa 
3,268,830 
   
Bonds, Series 2003A-1, 6.750%, 6/01/39 (Pre-refunded 6/01/13) 
     
2,350 
 
Golden Valley Unified School District, Madera County, California, General Obligation Bonds, 
8/17 at 56.07 
AA– 
824,686 
   
Election 2006 Series 2007A, 0.000%, 8/01/29 – AGM Insured 
     
3,030 
 
Grossmont Union High School District, San Diego County, California, General Obligation Bonds, 
No Opt. Call 
Aa2 
1,578,660 
   
Series 2006, 0.000%, 8/01/25 – NPFG Insured 
     
365 
 
Los Angeles, California, Parking System Revenue Bonds, Series 1999A, 5.250%, 5/01/29 – 
5/12 at 100.00 
AA– 
369,030 
   
AMBAC Insured 
     
1,000 
 
Moreno Valley Unified School District, Riverside County, California, General Obligation Bonds, 
No Opt. Call 
AA– 
530,560 
   
Series 2007, 0.000%, 8/01/23 – NPFG Insured 
     
5,395 
 
Napa Valley Community College District, Napa and Sonoma Counties, California, General 
8/17 at 46.57 
Aa2 
1,665,383 
   
Obligation Bonds, Election 2002 Series 2007C, 0.000%, 8/01/32 – NPFG Insured 
     
590 
 
Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2009, 
11/19 at 100.00 
Baa3 
613,989 
   
6.750%, 11/01/39 
     
4,390 
 
Pittsburg Redevelopment Agency, California, Tax Allocation Bonds, Los Medanos Community 
No Opt. Call 
A+ 
1,378,811 
   
Development Project, Series 1999, 0.000%, 8/01/29 – AMBAC Insured 
     
1,700 
 
Placentia-Yorba Linda Unified School District, Orange County, California, Certificates of 
No Opt. Call 
A+ 
414,324 
   
Participation, Series 2006, 0.000%, 10/01/34 – FGIC Insured 
     
8,000 
 
Poway Unified School District, San Diego County, California, School Facilities Improvement 
No Opt. Call 
Aa2 
2,268,320 
   
District 2007-1 General Obligation Bonds, Series 2009A, 0.000%, 8/01/33 
     
2,930 
 
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue 
No Opt. Call 
BBB 
923,507 
   
Refunding Bonds, Series 1997A, 0.000%, 1/15/27 – NPFG Insured 
     
1,250 
 
San Jose, California, Airport Revenue Bonds, Series 2004D, 5.000%, 3/01/28 – NPFG Insured 
3/14 at 100.00 
A2 
1,264,900 
2,110 
 
Sierra Sands Unified School District, Kern County, California, General Obligation Bonds, 
No Opt. Call 
Aa3 
797,010 
   
Election of 2006, Series 2006A, 0.000%, 11/01/28 – FGIC Insured 
     
915 
 
Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed 
6/15 at 100.00 
BB– 
601,036 
   
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 
405,985 
   
Series 2007, 0.000%, 10/01/30 – AMBAC Insured 
     
54,205 
 
Total California 
   
26,098,888 
   
Colorado – 5.8% 
     
1,000 
 
Colorado Health Facilities Authority, Health Facilities Revenue Bonds, Sisters of Charity of 
No Opt. Call 
AA 
1,018,820 
   
Leavenworth Health Services Corporation, Series 2010A, 5.000%, 1/01/40 
     
   
Colorado Health Facilities Authority, Revenue Bonds, Catholic Health Initiatives, Series 2002A: 
     
1,700 
 
5.500%, 3/01/22 (Pre-refunded 3/02/12) 
3/12 at 100.00 
AA (4) 
1,715,351 
690 
 
5.500%, 3/01/22 (Pre-refunded 3/01/12) 
3/12 at 100.00 
Aa2 (4) 
696,231 
3,660 
 
Denver City and County, Colorado, Airport System Revenue Bonds, Series 1991D, 7.750%, 11/15/13 
No Opt. Call 
A+ 
3,930,181 
   
(Alternative Minimum Tax) 
     
3,000 
 
Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, 
12/13 at 100.00 
N/R (4) 
3,254,670 
   
Senior Lien 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+ 
506,710 
   
SYNCORA GTY Insured 
     
2,000 
 
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004B, 0.000%, 9/01/32 – 
9/20 at 50.83 
BBB 
486,760 
   
NPFG Insured 
     
12,500 
 
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2006B, 0.000%, 9/01/38 – 
9/26 at 54.77 
BBB 
1,853,625 
   
NPFG Insured 
     
25,050 
 
Total Colorado 
   
13,462,348 
   
Florida – 3.0% 
     
2,000 
 
Halifax Hospital Medical Center, Florida, Revenue Bonds, Series 2006, 5.375%, 6/01/46 
6/16 at 100.00 
A– 
1,977,940 
5,050 
 
Jacksonville Health Facilities Authority, Florida, Revenue Bonds, Ascension Health, Series 
11/12 at 101.00 
AA+ 
5,145,041 
   
2002A, 5.250%, 11/15/32 
     
7,050 
 
Total Florida 
   
7,122,981 
   
Georgia – 0.9% 
     
2,000 
 
Franklin County Industrial Building Authority, Georgia, Revenue Bonds, Ty Cobb Regional 
12/20 at 100.00 
N/R 
2,067,320 
   
Medical Center Project, Series 2010, 8.125%, 12/01/45 
     
   
Illinois – 14.5% 
     
2,465 
 
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facilities System 
No Opt. Call 
A2 
1,697,448 
   
Revenue Bonds, Series 1999A, 0.000%, 4/01/20 – NPFG Insured 
     
735 
 
Chicago Board of Education, Cook County, Illinois, General Obligation Bonds, Dedicated 
No Opt. Call 
AA– 
760,901 
   
Revenues Series 2011A, 5.000%, 12/01/41 
     
2,600 
 
Chicago Heights, Illinois, General Obligation Corporate Purpose Bonds, Series 1993, 5.650%, 
6/12 at 100.00 
BBB (4) 
2,655,770 
   
12/01/17 (Pre-refunded 6/01/12) – FGIC Insured 
     
195 
 
DuPage County Community School District 200, Wheaton, Illinois, General Obligation Bonds, 
11/13 at 100.00 
Aa3 
208,699 
   
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 
Aa3 (4) 
876,476 
   
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 
617,586 
   
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 
1,132,089 
   
Trust 1137, 9.274%, 7/01/15 (IF) 
     
4,000 
 
Illinois Finance Authority, Revenue Bonds, Northwestern Memorial Hospital, Series 2004A, 
8/14 at 100.00 
N/R (4) 
4,504,080 
   
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– 
1,080,090 
   
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– 
2,044,980 
   
Centers, Series 2008A, 5.500%, 8/15/30 
     
1,320 
 
Illinois Health Facilities Authority, Revenue Bonds, Decatur Memorial Hospital, Series 2001, 
4/12 at 100.00 
A 
1,322,917 
   
5.600%, 10/01/16 
     
2,950 
 
Illinois Health Facilities Authority, Revenue Bonds, Lake Forest Hospital, Series 2002A, 
7/12 at 100.00 
AA+ 
3,013,101 
   
6.000%, 7/01/17 
     
2,275 
 
Illinois Health Facilities Authority, Revenue Refunding Bonds, Elmhurst Memorial Healthcare, 
1/13 at 100.00 
Baa1 
2,339,633 
   
Series 2002, 6.250%, 1/01/17 
     
450 
 
Illinois Health Facilities Authority, Revenue Refunding Bonds, Rockford Health System, Series 
2/12 at 100.00 
N/R 
432,356 
   
1997, 5.000%, 8/15/21 – AMBAC Insured 
     
3,125 
 
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion 
No Opt. Call 
A3 
2,668,656 
   
Project, Series 1993A, 0.000%, 6/15/17 – FGIC Insured 
     
   
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion 
     
   
Project, Series 2002A: 
     
1,720 
 
0.000%, 12/15/29 – NPFG Insured 
No Opt. Call 
AAA 
678,781 
810 
 
0.000%, 6/15/30 – NPFG Insured 
No Opt. Call 
AAA 
303,199 
5,000 
 
0.000%, 12/15/36 – NPFG Insured 
No Opt. Call 
AAA 
1,178,500 
5,000 
 
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place 
6/12 at 101.00 
AAA 
5,095,250 
   
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 
1,405,859 
39,500 
 
Total Illinois 
   
34,016,371 
   
Indiana – 6.2% 
     
1,000 
 
Franklin Community Multi-School Building Corporation, Marion County, Indiana, First Mortgage 
7/14 at 100.00 
A+ (4) 
1,113,780 
   
Revenue Bonds, Series 2004, 5.000%, 7/15/22 (Pre-refunded 7/15/14) – FGIC Insured 
     
1,260 
 
Indiana Health Facility Financing Authority, Hospital Revenue Refunding Bonds, Columbus 
No Opt. Call 
AA– 
1,383,984 
   
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+ 
1,005,940 
   
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 
AA+ (4) 
10,095,950 
   
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+ 
804,375 
   
Series 2005, 5.000%, 7/15/22 – NPFG Insured 
     
13,865 
 
Total Indiana 
   
14,404,029 
   
Iowa – 1.8% 
     
1,000 
 
Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C, 
6/15 at 100.00 
BBB 
743,920 
   
5.375%, 6/01/38 
     
4,000 
 
Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B, 
6/17 at 100.00 
BBB 
3,511,760 
   
5.600%, 6/01/34 
     
5,000 
 
Total Iowa 
   
4,255,680 
   
Kansas – 0.5% 
     
500 
 
Lawrence, Kansas, Hospital Revenue Bonds, Lawrence Memorial Hospital, Refunding Series 2006, 
7/16 at 100.00 
A2 
501,805 
   
4.875%, 7/01/36 
     
750 
 
Wamego, Kansas, Pollution Control Revenue Bonds, Kansas Gas and Electric Company, Series 2004, 
6/14 at 100.00 
BBB+ 
769,200 
   
5.300%, 6/01/31 – NPFG Insured 
     
1,250 
 
Total Kansas 
   
1,271,005 
   
Kentucky – 1.1% 
     
2,500 
 
Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Baptist Healthcare 
8/21 at 100.00 
A1 
2,519,200 
   
System Obligated Group, Series 2011, 5.250%, 8/15/46 
     
   
Louisiana – 1.2% 
     
2,790 
 
Tobacco Settlement Financing Corporation, Louisiana, Tobacco Settlement Asset-Backed Bonds, 
5/12 at 100.00 
A– 
2,791,200 
   
Series 2001B, 5.875%, 5/15/39 
     
   
Massachusetts – 1.1% 
     
500 
 
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, CareGroup Inc., 
7/18 at 100.00 
A– 
516,950 
   
Series 2008E-1 &2, 5.000%, 7/01/28 
     
20 
 
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Partners HealthCare 
7/12 at 100.00 
AA 
20,273 
   
System Inc., Series 2001C, 6.000%, 7/01/17 
     
1,915 
 
Massachusetts Housing Finance Agency, Housing Bonds, Series 2009F, 5.700%, 6/01/40 
12/18 at 100.00 
AA– 
1,986,276 
2,435 
 
Total Massachusetts 
   
2,523,499 
   
Michigan – 2.3% 
     
2,450 
 
Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 5.000%, 
7/16 at 100.00 
A 
2,454,386 
   
7/01/33 – FGIC Insured 
     
2,655 
 
Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Trinity Health 
12/12 at 100.00 
AA 
2,677,382 
   
Credit Group, Series 2002C, 5.375%, 12/01/30 
     
245 
 
Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Trinity Health 
12/12 at 100.00 
N/R (4) 
256,527 
   
Credit Group, Series 2002C, 5.375%, 12/01/30 (Pre-refunded 12/01/12) 
     
5,350 
 
Total Michigan 
   
5,388,295 
   
Missouri – 1.0% 
     
   
Kansas City Municipal Assistance Corporation, Missouri, Leasehold Revenue Bonds, Series 
     
   
2004B-1: 
     
500 
 
0.000%, 4/15/23 – AMBAC Insured 
No Opt. Call 
AA– 
327,045 
5,000 
 
0.000%, 4/15/30 – AMBAC Insured 
No Opt. Call 
AA– 
1,925,650 
5,500 
 
Total Missouri 
   
2,252,695 
   
Nevada – 4.5% 
     
750 
 
Clark County, Nevada, Airport Revenue Bonds, Tender Option Bond Trust Series 11823, 20.357%, 
No Opt. Call 
Aa3 
1,019,670 
   
1/01/18 (IF) 
     
2,500 
 
Clark County, Nevada, Motor Vehicle Fuel Tax Highway Improvement Revenue Bonds, Series 2003, 
7/13 at 100.00 
AA– (4) 
2,670,375 
   
5.000%, 7/01/23 (Pre-refunded 7/01/13) – AMBAC Insured 
     
1,000 
 
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran 
1/20 at 100.00 
Aa3 
1,046,860 
   
International Airport, Series 2010A, 5.250%, 7/01/42 
     
1,500 
 
Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Series 2009A, 
6/19 at 100.00 
A 
1,742,775 
   
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 
A3 
1,527,635 
2,555 
 
Reno, Nevada, Capital Improvement Revenue Bonds, Series 2002, 5.500%, 6/01/21 (Pre-refunded 
6/12 at 100.00 
A3 (4) 
2,611,823 
   
6/01/12) – FGIC Insured 
     
9,820 
 
Total Nevada 
   
10,619,138 
   
New Hampshire – 0.2% 
     
325 
 
New Hampshire Housing Finance Authority, Single Family Mortgage Acquisition Bonds, Series 
5/12 at 100.00 
Aa3 
339,232 
   
2001A, 5.600%, 7/01/21 (Alternative Minimum Tax) 
     
   
New Jersey – 6.3% 
     
2,500 
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Somerset Medical Center, 
7/13 at 100.00 
Ba2 
2,286,400 
   
Series 2003, 5.500%, 7/01/23 
     
35,000 
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2006C, 
No Opt. Call 
AA– 
9,594,900 
   
0.000%, 12/15/34 – AGM Insured 
     
1,010 
 
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, 
6/12 at 100.00 
Aaa 
1,033,523 
   
Series 2002, 5.750%, 6/01/32 (Pre-refunded 6/01/12) 
     
2,500 
 
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, 
6/17 at 100.00 
BB– 
1,801,925 
   
Series 2007-1A, 5.000%, 6/01/41 
     
41,010 
 
Total New Jersey 
   
14,716,748 
   
New Mexico – 2.2% 
     
1,000 
 
New Mexico Mortgage Finance Authority, Multifamily Housing Revenue Bonds, St Anthony, Series 
9/17 at 100.00 
N/R 
981,680 
   
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 
AA– 
4,123,880 
   
7/01/25 – AGM Insured 
     
5,000 
 
Total New Mexico 
   
5,105,560 
   
New York – 0.9% 
     
1,000 
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Kaleida 
2/14 at 100.00 
AAA 
1,037,570 
   
Health, Series 2004, 5.050%, 2/15/25 
     
500 
 
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series 
No Opt. Call 
A 
518,010 
   
2011A, 5.250%, 2/15/47 
     
530 
 
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air 
12/20 at 100.00 
BBB– 
559,076 
   
Terminal LLC Project, Eighth Series 2010, 6.000%, 12/01/42 
     
2,030 
 
Total New York 
   
2,114,656 
   
North Carolina – 1.1% 
     
1,000 
 
North Carolina Eastern Municipal Power Agency, Power System Revenue Bonds, Series 2008C, 
1/19 at 100.00 
A– 
1,224,300 
   
6.750%, 1/01/24 
     
1,420 
 
North Carolina Eastern Municipal Power Agency, Power System Revenue Refunding Bonds, Series 
1/12 at 100.00 
A– 
1,423,351 
   
1993B, 5.500%, 1/01/21 
     
2,420 
 
Total North Carolina 
   
2,647,651 
   
Ohio – 0.5% 
     
1,620 
 
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue 
6/17 at 100.00 
BB– 
1,188,724 
   
Bonds, Senior Lien, Series 2007A-2, 6.000%, 6/01/42 
     
   
Oklahoma – 2.1% 
     
1,000 
 
Norman Regional Hospital Authority, Oklahoma, Hospital Revenue Bonds, Series 2005, 
9/16 at 100.00 
BB+ 
902,400 
   
5.375%, 9/01/36 
     
4,000 
 
Oklahoma Development Finance Authority, Revenue Bonds, St. John Health System, Series 2004, 
2/14 at 100.00 
A 
4,103,440 
   
5.000%, 2/15/24 
     
5,000 
 
Total Oklahoma 
   
5,005,840 
   
Pennsylvania – 0.9% 
     
500 
 
Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Widener University, 
7/13 at 100.00 
BBB+ 
511,235 
   
Series 2003, 5.250%, 7/15/24 
     
1,000 
 
Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Subordinate Special Revenue 
12/20 at 100.00 
AA 
856,740 
   
Bonds, Series 2010B, 0.000%, 12/01/30 
     
700 
 
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2004A, 5.500%, 12/01/31 – 
12/14 at 100.00 
Aa3 
753,487 
   
AMBAC Insured 
     
2,200 
 
Total Pennsylvania 
   
2,121,462 
   
Puerto Rico – 2.0% 
     
1,000 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 
8/19 at 100.00 
A+ 
1,097,140 
   
2009A, 6.000%, 8/01/42 
     
   
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A: 
     
17,500 
 
0.000%, 8/01/41 – NPFG Insured 
No Opt. Call 
Aa2 
2,928,100 
1,000 
 
0.000%, 8/01/43 – NPFG Insured 
No Opt. Call 
Aa2 
147,460 
7,000 
 
0.000%, 8/01/54 – AMBAC Insured 
No Opt. Call 
Aa2 
491,190 
26,500 
 
Total Puerto Rico 
   
4,663,890 
   
South Carolina – 6.9% 
     
1,250 
 
Dorchester County School District 2, South Carolina, Installment Purchase Revenue Bonds, 
12/14 at 100.00 
AA– 
1,374,425 
   
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) 
10,617,200 
   
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 
AA– (4) 
1,654,620 
   
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) 
544,482 
   
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– 
1,985,544 
   
Secours Health System Inc., Series 2002B, 5.625%, 11/15/30 
     
15,250 
 
Total South Carolina 
   
16,176,271 
   
Texas – 9.7% 
     
5,000 
 
Brazos River Harbor Navigation District, Brazoria County, Texas, Environmental Facilities 
5/12 at 101.00 
BBB 
5,086,450 
   
Revenue Bonds, Dow Chemical Company Project, Series 2002A-6, 6.250%, 5/15/33 (Mandatory 
     
   
put 5/15/17) (Alternative Minimum Tax) 
     
250 
 
Central Texas Regional Mobility Authority, Senior Lien Revenue Bonds, Series 2011, 
1/21 at 100.00 
BBB– 
254,608 
   
6.000%, 1/01/41 
     
500 
 
Central Texas Regional Mobility Authority, Travis and Williamson Counties, Toll Road Revenue 
1/15 at 100.00 
BBB 
459,345 
   
Bonds, Series 2005, 5.000%, 1/01/35 – FGIC Insured 
     
360 
 
Dallas-Fort Worth International Airport Public Facility Corporation, Texas, Airport Hotel 
1/12 at 100.00 
AA– 
360,828 
   
Revenue 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 
2,355,890 
   
TECO Project, Series 2003, 5.000%, 11/15/30 – NPFG Insured 
     
2,585 
 
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H, 
No Opt. Call 
BBB 
665,482 
   
0.000%, 11/15/30 – NPFG Insured 
     
3,805 
 
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004-A3, 
11/24 at 52.47 
BBB 
668,234 
   
0.000%, 11/15/35 – NPFG Insured 
     
3,765 
 
Harris County-Houston Sports Authority, Texas, Senior Lien Revenue Refunding Bonds, Series 
11/30 at 61.17 
BBB 
629,508 
   
2001A, 0.000%, 11/15/38 – NPFG Insured 
     
45 
 
Irving Independent School District, Dallas County, Texas, General Obligation Refunding Bonds, 
2/12 at 100.00 
AAA 
45,210 
   
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 
3,475,868 
   
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 
501,088 
   
Bonds, Series 2007, 0.000%, 8/15/37 
     
2,000 
 
North Texas Tollway Authority, First Tier System Revenue Refunding Bonds, Capital Appreciation 
1/25 at 100.00 
A2 
1,912,020 
   
Series 2008I, 0.000%, 1/01/43 
     
2,000 
 
Richardson Hospital Authority, Texas, Revenue Bonds, Richardson Regional Medical Center, 
12/13 at 100.00 
A 
2,027,860 
   
Series 2004, 6.000%, 12/01/34 
     
240 
 
San Antonio, Texas, Water System Revenue Refunding Bonds, Series 1992, 6.000%, 5/15/16 
5/12 at 100.00 
Aa3 (4) 
244,661 
   
(Pre-refunded 5/15/12) – NPFG Insured 
     
1,470 
 
Texas Turnpike Authority, Central Texas Turnpike System Revenue Bonds, First Tier Series 
8/12 at 100.00 
BBB+ 
1,476,836 
   
2002A, 5.750%, 8/15/38 – AMBAC Insured 
     
1,750 
 
Texas, General Obligation Bonds, Water Financial Assistance Program, Series 2003A, 5.125%, 
8/13 at 100.00 
Aaa 
1,766,888 
   
8/01/42 (Alternative Minimum Tax) 
     
830 
 
Wood County Central Hospital District, Texas, Revenue Bonds, East Texas Mecical Center Quitman 
11/21 at 100.00 
Baa2 
835,121 
   
Project, Series 2011, 6.000%, 11/01/41 
     
32,135 
 
Total Texas 
   
22,765,897 
   
Virginia – 1.4% 
     
1,000 
 
Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage 
10/17 at 100.00 
N/R 
979,450 
   
Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/42 
     
1,000 
 
Henrico County Economic Development Authority, Virginia, Residential Care Facility Revenue 
No Opt. Call 
BBB 
966,860 
   
Bonds, Westminster Canterbury of Richmond, Series 2006, 5.000%, 10/01/35 
     
2,000 
 
Metropolitan Washington DC Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, 
10/28 at 100.00 
BBB+ 
1,402,480 
   
Dulles Metrorail Capital Appreciation, Series 2010B, 0.000%, 10/01/44 
     
4,000 
 
Total Virginia 
   
3,348,790 
   
Washington – 2.5% 
     
250 
 
Energy Northwest, Washington, Electric Revenue Refunding Bonds, Columbia Generating Station, 
7/12 at 100.00 
Aa1 
256,238 
   
Series 2002A, 5.500%, 7/01/17 – NPFG Insured 
     
990 
 
Washington State Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer 
1/21 at 100.00 
A 
1,021,739 
   
Research Center, Series 2011A, 5.625%, 1/01/35 
     
2,000 
 
Washington State Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Revenue Bonds, 
6/13 at 100.00 
A3 
2,047,820 
   
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+ 
1,130,277 
   
12/01/27 – NPFG Insured 
     
1,330 
 
Snohomish County Public Utility District 1, Washington, Generation System Revenue Bonds, 
No Opt. Call 
AA– (4) 
1,330,239 
   
Series 1989, 6.750%, 1/01/12 (ETM) 
     
6,685 
 
Total Washington 
   
5,786,313 
   
West Virginia – 0.2% 
     
500 
 
West Virginia Hospital Finance Authority, Revenue Bonds, United Hospital Center Inc. Project, 
6/16 at 100.00 
A+ 
498,145 
   
Series 2006A, 4.500%, 6/01/26 – AMBAC Insured 
     
   
Wisconsin – 1.6% 
     
470 
 
Badger Tobacco Asset Securitization Corporation, Wisconsin, Tobacco Settlement Asset-Backed 
6/12 at 100.00 
Aaa 
481,590 
   
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+ 
1,030,690 
   
Services Inc., Series 2003A, 5.500%, 8/15/17 
     
2,150 
 
Wisconsin, General Obligation Refunding Bonds, Series 2003-3, 5.000%, 11/01/26 
11/13 at 100.00 
AA 
2,232,238 
3,620 
 
Total Wisconsin 
   
3,744,518 
$    338,800 
 
Total Investments (cost $216,730,831) – 97.3% 
   
227,880,410 
   
Other Assets Less Liabilities – 2.7% 
   
6,344,114 
   
Net Assets – 100% 
   
$ 234,224,524 
 
 
 
 
 

 
 
Fair Value Measurements
 
Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is 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 December 31, 2011:
 
                         
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Investments: 
                       
Municipal Bonds 
  $     $ 227,880,410     $     $ 227,880,410  
 
During the period ended December 31, 2011, the Fund recognized no significant transfers to or from Level 1, Level 2 or Level 3.
 
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 December 31, 2011, the cost of investments was $216,066,174.
 
Gross unrealized appreciation and gross unrealized depreciation of investments at December 31, 2011, were as follows:
 
   
Gross unrealized: 
 
   Appreciation 
$14,962,104 
   Depreciation 
(3,147,868) 
Net unrealized appreciation (depreciation) of investments 
$11,814,236 
 
     
(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 Investors 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. Holdings designated N/R are not rated by 
   
any of these national rating agencies. 
(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. Certain bonds backed by U.S. Government or 
   
agency securities are regarded as having an implied rating equal to the rating of such securities. 
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         February 29, 2012        
 
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         February 29, 2012        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date         February 29, 2012