Nuveen Dow 30 Dynamic Overwrite Fund (DIAX)

NYSE: DIAX · Real-Time Price · USD
15.00
-0.01 (-0.07%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-0.07%
Market Value 545.50M
Revenue (ttm) 11.92M
Net Income (ttm) 43.51M
Shares Out 36.37M
EPS (ttm) 1.20
PE Ratio 12.54
Forward PE n/a
Dividend $1.15 (7.65%)
Ex-Dividend Date Sep 13, 2024
Volume 59,806
Open 14.96
Previous Close 15.01
Day's Range 14.92 - 15.07
52-Week Range 12.80 - 15.24
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]

Sector Financials
Founded 2005
Country United States
Stock Exchange NYSE
Ticker Symbol DIAX
Full Company Profile

News

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...

Other symbols: BXMXJCEJRSQQQXSPXX
7 months ago - Business Wire

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 ...

8 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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...

Other symbols: DIA
1 year ago - Seeking Alpha

3 Funds With Incredible Yields Up To 13.7% For 2023

Many folks are still hesitant to jump into the market

Other symbols: BSTZUSA
2 years ago - Forbes

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.

2 years ago - Seeking Alpha

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% ...

Other symbols: BSTUSA
2 years ago - Forbes

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.

2 years ago - Seeking Alpha

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.

3 years ago - Seeking Alpha

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.

3 years ago - Seeking Alpha

This Is A 1-Click Buy For 7% Dividends And Upside In 2021

Is there more upside ahead or is another big plunge around the corner?

4 years ago - Forbes

These 3 Big Dividends (6%+ Yields) Will Pop On A New Stimulus Package

Markets are betting on the federal government pumping $908 billion in stimulus into the economy.

Other symbols: GAMGDV
4 years ago - Forbes

Preparing For Distribution Changes For CEFs With MDPs

Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy. Recent volatility has ...

4 years ago - Seeking Alpha

Closed-End Funds: Overview Of Nuveen's Option-Based Funds

The four option-based funds by Nuveen include; BXMX, SPXX, DIAX, and QQQX.

Other symbols: BXMXQQQXSPXX
4 years ago - Seeking Alpha

3 Easy Ways To Get 6%+ Dividends From Stocks You Know Well

Let’s be honest: we could all use a break—a way to hedge against the nasty drops we see when we log into our trading accounts in the morning.

Other symbols: QQQXSPXX
4 years ago - Forbes

This Big 6.6% Dividend Is Your Recession Insurance

I know that sounds counterintuitive, but stick with me for a moment and I’ll introduce you to a fund that protects—and actually grows—its 6.6% income stream when markets panic.

5 years ago - Forbes

Wall Street Wants You To Sell Now. Buy This 7% Dividend Instead

These funds position you to profit if it’s 1998 all over again.

5 years ago - Forbes