Notes to Financial Statements
1. General Information and Significant Accounting Policies The Trusts covered in this report and their
corresponding New York Stock Exchange symbols are Nuveen Select Tax-Free Income Portfolio (NXP),
Nuveen Select Tax-Free Income Portfolio 2 (NXQ), Nuveen Select Tax-Free Income Portfolio 3 (NXR),
Nuveen Insured California Select Tax-Free Income Portfolio (NXC) and Nuveen Insured New York Select
Tax-Free Income Portfolio (NXN).
The Trusts are registered under the Investment Company Act of 1940 as closed-end, diversified management
The Trusts' investment adviser, Nuveen Institutional Advisory Corp. ( the "Adviser"), a wholly owned subsidiary
of The John Nuveen Company, administers the investments and maintains ongoing surveillance of such
investments to insure that they continue to meet the Trusts' investment objectives and credit quality standards. The
Adviser does not intend to adjust the portfolios except 1) to invest interest payments on municipal obligations that
are not currently needed to pay dividends or expenses; 2) to reinvest principal payments on municipal obligations
resulting from their maturity or early redemption; 3) to sell municipal obligations when the Adviser believes that
continuing to hold them would be inconsistent with maintaining the Trusts' high credit quality, and to reinvest the
proceeds of such sales; and 4) for certain other purposes.
The Trusts intend to liquidate all of their assets no later than the year 2017, unless extended, making a single
liquidating distribution to shareholders at that time. Any extension of these dates may be made only by an
amendment to each Trust's declaration of Trust approved by the Board of Trustees and by the shareholders.
The following is a summary of significant accounting policies followed by the Trusts in the preparation of their
financial statements in accordance with generally accepted accounting principles.
The prices of municipal bo