Unassociated Document



 
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 811-6624
 
Nuveen New York 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:         12/31/09         
 
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 New York Select Tax-Free Income Portfolio (NXN)       
  December 31, 2009       
Principal    Optional Call     
Amount (000)  Description (1)  Provisions (2)  Ratings (3)  Value 
  Consumer Discretionary – 0.1%       
$     100  New York City Industrial Development Agency, New York, Liberty Revenue Bonds,  9/15 at 100.00  BB+  $    76,567 
  IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35       
  Consumer Staples – 1.6%       
  TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006:       
390  4.750%, 6/01/22  6/16 at 100.00  BBB  373,386 
540  5.000%, 6/01/26  6/16 at 100.00  BBB  488,786 
930  Total Consumer Staples      862,172 
  Education and Civic Organizations – 11.6%       
100  Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series  7/17 at 100.00  BBB  90,697 
  2007A, 5.000%, 7/01/31       
50  Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter  4/17 at 100.00  N/R  38,545 
  Schools, Series 2007A, 5.000%, 4/01/37       
1,700  Amherst Industrial Development Agency, New York, Revenue Bonds, UBF Faculty/Student Housing  8/12 at 101.00  N/R  1,716,575 
  Corporation, University of Buffalo Creekside Project, Series 2002A, 5.000%, 8/01/22 –       
  AMBAC Insured       
30  Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure  5/16 at 100.00  BBB–  27,041 
  University, Series 2006, 5.000%, 5/01/23       
430  Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series  7/17 at 100.00  N/R  377,682 
  2007A, 5.000%, 7/01/41 – RAAI Insured       
1,000  Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of  No Opt. Call  A  971,820 
  Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured       
785  Dormitory Authority of the State of New York, Insured Revenue Bonds, Iona College, Series  7/12 at 100.00  BBB  797,521 
  2002, 5.000%, 7/01/22 – SYNCORA GTY Insured       
50  Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory  7/15 at 100.00  AA–  50,551 
  Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured       
110  Dormitory Authority of the State of New York, Second General Resolution Consolidated Revenue  No Opt. Call  A1  113,659 
  Bonds, City University System, Series 1990C, 7.500%, 7/01/10 – FGIC Insured       
430  Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard  8/17 at 100.00  Baa1  354,178 
  College Project, Series 2007-A2, 4.500%, 8/01/36       
100  Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University,  10/15 at 100.00  A  100,787 
  Civic Facility Project, Series 2005, 5.000%, 10/01/35       
100  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St.  10/14 at 100.00  A–  94,565 
  Francis College, Series 2004, 5.000%, 10/01/34       
500  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, YMCA of  2/11 at 100.00  A–  503,955 
  Greater New York, Series 2002, 5.250%, 8/01/21       
430  New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball  1/17 at 100.00  BBB  376,452 
  Stadium Project, Series 2006, 4.750%, 1/01/42 – AMBAC Insured       
590  New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium  9/16 at 100.00  BBB–  492,414 
  Project, Series 2006, 4.500%, 3/01/39 – FGIC Insured       
200  Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities  2/10 at 100.50  BBB–  191,332 
  Financing Authority, Higher Education Revenue Bonds, Ana G. Mendez University System, Series       
  1999, 5.375%, 2/01/19       
65  Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic  10/17 at 100.00  BBB  57,179 
  College, Series 2007, 5.000%, 10/01/27       
6,670  Total Education and Civic Organizations      6,354,953 
  Financials – 0.8%       
435  Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series  No Opt. Call  A1  450,760 
  2007, 5.500%, 10/01/37       
  Health Care – 13.3%       
450  Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore  2/15 at 100.00  A  460,107 
  Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured       
  Dormitory Authority of the State of New York, Revenue Bonds, Lenox Hill Hospital Obligated       
  Group, Series 2001:       
110  5.375%, 7/01/20  7/11 at 101.00  Ba1  99,212 
100  5.500%, 7/01/30  7/11 at 101.00  Ba1  83,044 
950  Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer  7/16 at 100.00  AA  967,404 
  Center, Series 2006-1, 5.000%, 7/01/35       
670  Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer  7/13 at 100.00  AA  697,792 
  Center, Series 2003-1, 5.000%, 7/01/21 – NPFG Insured       
405  Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian  8/14 at 100.00  AAA  437,971 
  Hospital, Series 2004A, 5.250%, 8/15/15 – FSA Insured       
1,680  Dormitory Authority of the State of New York, Revenue Bonds, Winthrop South Nassau University  7/11 at 101.00  N/R  1,737,674 
  Health System Obligated Group, Series 2001A, 5.250%, 7/01/17 – AMBAC Insured       
1,195  Dormitory Authority of the State of New York, Revenue Bonds, Winthrop South Nassau University  7/11 at 101.00  Baa1  1,214,168 
  Health System Obligated Group, Series 2001B, 5.250%, 7/01/17 – AMBAC Insured       
500  Dormitory Authority of the State of New York, Revenue Bonds, Winthrop-South Nassau University  7/13 at 100.00  Baa1  471,705 
  Hospital Association, Series 2003A, 5.500%, 7/01/32       
  Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Oneida       
  Health System, Series 2007A:       
100  5.250%, 2/01/27  No Opt. Call  BBB–  90,855 
90  5.500%, 2/01/32  No Opt. Call  BBB–  80,780 
750  New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series  2/13 at 100.00  A+  769,605 
  2003A, 5.250%, 2/15/21 – AMBAC Insured       
240  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten  7/12 at 101.00  Ba2  219,718 
  Island University Hospital, Series 2002C, 6.450%, 7/01/32       
7,240  Total Health Care      7,330,035 
  Housing/Multifamily – 2.8%       
1,000  New Hartford-Sunset Woods Funding Corporation, New York, FHA-Insured Mortgage Revenue Bonds,  8/12 at 101.00  AAA  1,034,580 
  Sunset Woods Apartments II Project, Series 2002, 5.350%, 2/01/20       
250  New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,  5/14 at 100.00  AA  255,318 
  Series 2004A, 5.250%, 11/01/30       
275  New York State Housing Finance Agency, Affordable Housing Revenue, Series 2007A, 5.250%,  11/17 at 100.00  Aa2  269,376 
  11/01/38 (Alternative Minimum Tax)       
1,525  Total Housing/Multifamily      1,559,274 
  Housing/Single Family – 8.2%       
2,000  New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 101, 5.000%,  10/11 at 100.00  Aa1  2,020,540 
  10/01/18 (Alternative Minimum Tax)       
2,500  New York State Mortgage Agency, Mortgage Revenue Bonds, Thirty-First Series A, 5.300%,  4/11 at 100.00  Aaa  2,504,575 
  10/01/31 (Alternative Minimum Tax)       
4,500  Total Housing/Single Family      4,525,115 
  Long-Term Care – 11.6%       
1,845  Dormitory Authority of the State of New York, FHA-Insured Nursing Home Mortgage Revenue Bonds,  8/11 at 101.00  A  1,880,166 
  Norwegian Christian Home and Health Center, Series 2001, 5.200%, 8/01/36 – NPFG Insured       
100  Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens  11/16 at 100.00  A1  99,206 
  Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31       
50  Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005,  7/15 at 100.00  N/R  32,134 
  5.000%, 7/01/35 – ACA Insured       
2,000  East Rochester Housing Authority, New York, FHA-Insured Mortgage Revenue Refunding Bonds,  8/12 at 101.00  AAA  2,077,100 
  Jewish Home of Rochester, Series 2002, 4.625%, 2/15/17       
1,000  East Rochester Housing Authority, New York, Revenue Bonds, GNMA/FHA-Secured Revenue Bonds,  12/12 at 103.00  AAA  1,043,860 
  St. Mary’s Residence Project, Series 2002A, 5.375%, 12/20/22       
980  New York City Industrial Development Agency, New York, GNMA Collateralized Mortgage Revenue  11/12 at 101.00  AA+  986,203 
  Bonds, Eger Harbor House Inc., Series 2002A, 4.950%, 11/20/32       
25  Suffolk County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special  7/16 at 100.00  N/R  22,524 
  Needs Facilities Pooled Program, Series 2008-B1, 5.500%, 7/01/18       
275  Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special Needs  7/16 at 101.00  N/R  247,764 
  Facilities Pooled Program Bonds, Series 2008-C1, 5.500%, 7/01/18       
6,275  Total Long-Term Care      6,388,957 
  Materials – 0.2%       
90  Jefferson County Industrial Development Agency, New York, Solid Waste Disposal Revenue Bonds,  12/13 at 100.00  BBB  86,080 
  International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax)       
  Tax Obligation/General – 8.4%       
  Clarkstown, Rickland County, New York, Various Purposes Serial Bonds, Series 1992:       
505  5.600%, 6/15/10 – AMBAC Insured  No Opt. Call  AAA  517,342 
525  5.600%, 6/15/11 – AMBAC Insured  No Opt. Call  AAA  563,903 
525  5.600%, 6/15/12 – AMBAC Insured  No Opt. Call  AAA  586,987 
300  New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/16  8/14 at 100.00  AA  330,117 
200  New York City, New York, General Obligation Bonds, Fiscal Series 2005J, 5.000%, 3/01/19 –  3/15 at 100.00  AA  211,720 
  FGIC Insured       
1,000  New York City, New York, General Obligation Bonds, Fiscal Series 2006J-1, 5.000%, 6/01/25  6/16 at 100.00  AA  1,047,990 
1,260  New York City, New York, General Obligation Bonds, Series D, 5.125%, 12/01/25  12/17 at 100.00  AA  1,343,878 
4,315  Total Tax Obligation/General      4,601,937 
  Tax Obligation/Limited – 18.4%       
600  Battery Park City Authority, New York, Senior Revenue Bonds, Series 2003A, 5.000%, 11/01/23  11/13 at 100.00  AAA  653,406 
500  Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo  5/14 at 100.00  AAA  531,195 
  City School District, Series 2004, 5.750%, 5/01/26 – FSA Insured       
500  Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,  7/12 at 100.00  AA–  541,640 
  Series 2002A, 5.500%, 1/01/20 – NPFG Insured       
  New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local       
  Government Assistance Corporation, Series 2004A:       
250  5.000%, 10/15/25 – NPFG Insured  10/14 at 100.00  AAA  267,860 
200  5.000%, 10/15/26 – NPFG Insured  10/14 at 100.00  AAA  212,196 
1,225  5.000%, 10/15/29 – AMBAC Insured  10/14 at 100.00  AAA  1,284,094 
600  New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal  1/17 at 100.00  AA–  631,218 
  Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured       
670  New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  2/13 at 100.00  AAA  702,073 
  Series 2003E, 5.000%, 2/01/23       
550  New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  11/17 at 100.00  AAA  590,469 
  Series 2007C-1, 5.000%, 11/01/27       
535  New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Tender  5/19 at 100.00  AAA  597,964 
  Option Bond Trust 3545, 13.391%, 5/01/38 (IF)       
775  New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds,  12/17 at 100.00  AAA  836,667 
  Series 2008A, 5.000%, 12/15/26 (UB)       
250  New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Genera1 Series  4/14 at 100.00  AA  266,458 
  2004, 5.000%, 4/01/21 – NPFG Insured       
570  New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B,  No Opt. Call  AA  664,238 
  5.500%, 4/01/20 – AMBAC Insured (UB)       
425  New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007,  10/17 at 100.00  AA  449,574 
  5.000%, 4/01/27       
  New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and       
  State Contingency Contract-Backed Bonds, Series 2003A-1:       
1,000  5.250%, 6/01/20 – AMBAC Insured  6/13 at 100.00  AA–  1,057,350 
250  5.250%, 6/01/21 – AMBAC Insured  6/13 at 100.00  AA–  263,785 
500  New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and  6/13 at 100.00  AA–  531,395 
  State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21       
15  Triborough Bridge and Tunnel Authority, New York, Convention Center Bonds, Series 1990E,  No Opt. Call  AA–  15,000 
  7.250%, 1/01/10       
9,415  Total Tax Obligation/Limited      10,096,582 
  Transportation – 2.0%       
180  Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25  7/11 at 101.00  BBB+  182,947 
500  Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2003A,  No Opt. Call  A  561,905 
  5.000%, 11/15/15 – FGIC Insured       
100  New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –  7/15 at 100.00  AAA  103,347 
  FSA Insured       
105  Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth  6/15 at 101.00  AA–  109,710 
  Series 2005, 5.000%, 12/01/31 – SYNCORA GTY Insured       
120  Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty  8/17 at 100.00  AAA  143,462 
  Eighth Series 2008, Trust 2920, 17.292%, 8/15/32 – FSA Insured (IF)       
1,005  Total Transportation      1,101,371 
  U.S. Guaranteed – 5.5% (4)       
220  Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25  7/11 at 101.00  BBB+ (4)  239,430 
  (Pre-refunded 7/15/11)       
985  Dormitory Authority of the State of New York, Judicial Facilities Lease Revenue Bonds, Suffolk  No Opt. Call  AAA  1,177,991 
  County Issue, Series 1986, 7.375%, 7/01/16 (ETM)       
250  Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish  5/13 at 100.00  Aaa  285,483 
  Group, Series 2003, 5.375%, 5/01/23 (Pre-refunded 5/01/13)       
265  Suffolk County Water Authority, New York, Water Revenue Bonds, Series 1986V, 6.750%,  No Opt. Call  AAA  286,990 
  6/01/12 (ETM)       
925  TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2002-1, 5.500%, 7/15/24  7/12 at 100.00  AAA  1,014,179 
  (Pre-refunded 7/15/12)       
2,645  Total U.S. Guaranteed      3,004,073 
  Utilities – 3.3%       
  Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:       
570  5.000%, 12/01/23 – FGIC Insured  6/16 at 100.00  A  595,724 
430  5.000%, 12/01/25 – FGIC Insured  6/16 at 100.00  A  445,975 
500  New York State Energy Research and Development Authority, Pollution Control Revenue Bonds, New  3/11 at 100.00  A  505,585 
  York State Electric and Gas Corporation, Series 2005A, 4.100%, 3/15/15 – NPFG Insured       
250  Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue  11/11 at 101.00  Baa2  249,708 
  Bonds, American Ref-Fuel Company of Niagara LP, Series 2001A, 5.450%, 11/15/26 (Mandatory       
  put 11/15/12) (Alternative Minimum Tax)       
1,750  Total Utilities      1,796,992 
  Water and Sewer – 12.4%       
2,500  New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  6/11 at 101.00  AAA  2,539,071 
  Bonds, Fiscal Series 2001C, 5.125%, 6/15/33       
  New York State Environmental Facilities Corporation, State Clean Water and Drinking Water       
  Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Loan,       
  Series 2002B:       
2,000  5.250%, 6/15/19  6/12 at 100.00  AAA  2,166,060 
2,000  5.000%, 6/15/27  6/12 at 100.00  AAA  2,074,740 
6,500  Total Water and Sewer      6,779,871 
$    53,395  Total Investments (cost $53,759,797) – 100.2%      55,014,739 
  Floating Rate Obligations – (1.8)%      (1,005,000)
  Other Assets Less Liabilities – 1.6%      879,826 
  Net Assets – 100%      $ 54,889,565 



 


 


 

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 methodology used for valuing securities are not an indication of the risk associated with in those securities. The following is a summary of the Fund’s fair value measurements as of December 31, 2009:

  Level 1  Level 2  Level 3  Total 
Investments:         
Municipal Bonds  $ —  $55,014,739  $ —  $55,014,739 

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, 2009, the cost of investments was $52,746,655.

Gross unrealized appreciation and gross unrealized depreciation of investments at December 31, 2009, were as follows:

Gross unrealized:   
  Appreciation  $1,754,924 
  Depreciation  (489,786)
Net unrealized appreciation (depreciation) of investments  $1,265,138 

(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. 
  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 higher of Standard & Poor’s Group (“Standard & Poor’s“) or Moody’s Investor Service, 
  Inc. (“Moody’s“) rating. Ratings below BBB by Standard & Poor’s or Baa by Moody’s 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. 
N/R  Not rated. 
(ETM)  Escrowed to maturity. 
(IF)  Inverse floating rate investment. 
(UB)  Underlying bond of an inverse floating rate trust reflected as a financing transaction. 

 
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 New York Select Tax-Free Income Portfolio 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date         March 1, 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         March 1, 2010        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date        March 1, 2010