Nuveen Dow 30 Dynamic Overwrite Fund (DIAX)
| Market Value | 563.69M |
| Revenue (ttm) | 11.92M |
| Net Income (ttm) | 43.51M |
| Shares Out | 36.37M |
| EPS (ttm) | 1.20 |
| PE Ratio | 12.96 |
| Forward PE | n/a |
| Dividend | $1.15 (7.41%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 42,847 |
| Open | 15.44 |
| Previous Close | 15.39 |
| Day's Range | 15.40 - 15.50 |
| 52-Week Range | 13.21 - 15.50 |
| Beta | 0.89 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About DIAX
Nuveen Dow 30 Dynamic Overwrite Fund is a closed-ended equity mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of large cap companies. The fund also invests through call options. It seeks to replicate the performance of Dow Jones Industrial Average. The fund was formerly known as Dow 3... [Read more]
News
DIAX: The Covered Call Dilemma
DIAX offers quarterly income through a covered call strategy, capping upside potential for steady income, ideal for income-focused investors. The fund writes call options on the S&P 500 Index, while h...
Six Nuveen Closed-End Funds Announce Availability of 19(a) Notices
NEW YORK--(BUSINESS WIRE)--The 19(a) distribution notices for six Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds' regular qu...
DIAX: The Basis Is Still There, Keep Avoiding This Buy-Write CEF
Nuveen Dow 30 Dynamic Overwrite Fund is a buy-write CEF that aims to replicate the Dow Jones index. The fund's complex risk factor, the SPY/DIA basis, has hindered its performance and is not properly ...
DIAX: Not A Great Volatility Reduction Play
Nuveen Dow 30 Dynamic Overwrite Fund aims to provide attractive total returns with less volatility than the Dow Jones Industrial Average. DIAX has delivered below market returns historically but has f...
The Key Selling Point Of The 8.1% Yielding DIAX
Selling calls on long positions provides downside protection and shelters investors from stock volatility. The Nuveen Dow 30 Dynamic Overwrite Fund writes covered calls on a portion of its equity port...
DIAX: DJIA Exposure With An Overwrite Strategy
Nuveen Dow 30 Dynamic Overwrite Fund (DIAX) is trading at a larger discount compared to its historical level, potentially indicating an attractive opportunity. The fund aims to offer regular distribut...
DIAX: Disappointing Performance, Prospects Look Poor
DIAX is an equity "buy-write" closed-end fund from Nuveen. The fund aims to replicate the Dow Jones Index through its portfolio composition and then write call options on the underlying names.
Ten Nuveen Closed-End Funds Announce Availability of 19(a) Notices
NEW YORK--(BUSINESS WIRE)--The 19(a) distribution notices for ten Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds' regular mo...
DIAX Vs. DIA: Dow Jones Stocks With Or Without Option Strategy
The Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) invests in the Dow Jones Average stocks and trades possible appreciation for higher current yield via their option strategy. This article will compare...
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DIAX: Not A Lot Of Love For The Dow Jones This Year
DIAX is an equity "Buy-write" closed-end fund from Nuveen. The fund replicates the Dow Jones index through its holdings and writes options on 55% of its portfolio.
3 Smart Ways To Play The 2023 Market Rally
Rarely do we get a buying opportunity in high-yielding closed-end funds (CEFs) like the one we have now. Thanks to the selloff, many CEFs trade at deep discounts and pay outsized yields upwards of 9% ...
DIAX: Profit From The High Dow Jones Volatility, 7.25% Yield
DIAX is an equity "buy-write" closed-end fund from Nuveen. The fund writes options on 35%-75% of its equity portfolio, which aims to replicate the Dow Jones index.
DIAX: 6.39% Yield From The Dow Jones
DIAX is a "Buy-write" closed-end fund from Nuveen. The fund writes options on 35%-75% of its portfolio which replicates the Dow Jones index.
DIAX: Owning The DJIA With An Overwrite Strategy
DIAX intends to replicate the price movements of the Dow Jones Industrial Average, then apply an options overlay of selling calls.
This Is A 1-Click Buy For 7% Dividends And Upside In 2021
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These 3 Big Dividends (6%+ Yields) Will Pop On A New Stimulus Package
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