Nuveen S&P 500 Dynamic Overwrite Fund (SPXX)
Market Value | 308.37M |
Revenue (ttm) | 4.69M |
Net Income (ttm) | 47.79M |
Shares Out | 17.96M |
EPS (ttm) | 2.66 |
PE Ratio | 6.45 |
Forward PE | n/a |
Dividend | $1.22 (7.11%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 30,997 |
Open | 17.00 |
Previous Close | 17.00 |
Day's Range | 16.89 - 17.23 |
52-Week Range | 14.72 - 18.00 |
Beta | 0.96 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About SPXX
Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed 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 financial derivatives such as call options. It seeks to replicate the performance of the S&P 500 Index. The fund... [Read more]
News
SPXX: Key Considerations Before Investing
Nuveen S&P 500 Dynamic Overwrite Fund uses a buy-write strategy to generate income, offering a 6.7% distribution yield by writing call options on the S&P 500. SPXX's strategy caps upside potential, ma...
Don't Go Into The Next Market Crash Without These 7%+ Dividends
We've seen more choppiness in the markets in the last couple of weeks. That once again highlights why we should—dare I say need to—own one of the lowest-volatility, highest-paying investments I know o...
SPXX: Downgrade On Market Valuations
Nuveen S&P 500 Dynamic Overwrite Fund writes call options on the S&P 500 Index to deliver attractive distributions. The SPXX fund has exceeded expectations in recent months, delivering 65% upside capt...
Don't Let Media-Driven Fears Keep You From These 7%+ Dividends
It's starting again—the media has its hooks into a new story to scare investors, in yet another effort to gain attention.
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...
SPXX: S&P 500 Covered Call CEF, Strong 7.6% Yield, Good 9.2% Discount
Covered call funds offer investors strong distribution yields, albeit lower potential capital gains. SPXX is a simple S&P 500 covered call CEF overwriting 50% of its portfolio, and with a 7.6% yield. ...
Why ETF Yields Could Crash, And These 8%+ Payers Will Soar
This market bounce is strangling the payouts on everybody's favorite ETFs. But it's also given us a sweet setup to grab another group of funds kicking out big dividends, to the tune of 9%+ yields.
These 8%+ Dividends Are The Key To Sailing Through A Recession In 2024
Today I want to go over what the economic data is telling us about the future of the financial markets in 2024.
3 Big Dividends That Change Everything About Retirement
Today we're going to build ourselves an outsized income stream with just three funds. Buy all of them and you'll end up with an average yield of 8%+, with payouts rolling your way every month.
SPXX: Call-Overwrite Fund Trading At A Steep Discount (Upgrade To Buy)
The Nuveen S&P 500 Dynamic Overwrite Fund has been unfairly punished by investors, trading at a steep 8.7% discount to NAV. The fund has delivered a decent performance, returning 15.1% YTD on a NAV ba...
These Steady 8% Dividends Are Trading Like Its 2019
CEFs yield an average 8%, and many of those dividends are sustainable and growing.
SPXX: Poor Performance From This Buy-Write Fund
SPXX is an equity buy-write closed-end fund from the Nuveen family. The CEF has posted a negative total return so far in 2023, when the S&P 500 is up more than 10%, and other buy-write CEFs have deliv...
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...
This 7.3% Yielding Fund Runs Defense On Your Portfolio
With the markets off to a hot start so far this year, it's only natural to think things just might be getting a little toppy.
SPXX: A Fund That Trades Upside For Yield
The SPXX fund dynamically sells calls on 35-75% of the notional value of the fund. It pays an attractive 7.5% forward yield.
QQQX And SPXX: Pair Of Overvalued Option Income CEFs Ready To Revert
QQQX and SPXX are equity option income CEFs. QQQX and SPXX are overvalued relative to their recent history.
SPXX: Strong S&P 500 Covered Call CEF, 7.3% Yield, Uncompelling Entry Point
Covered call funds have outperformed YTD. SPXX is a strong S&P 500 covered call fund, and a good long-term investment.
SPXX: Have Buy-Write CEFs Actually Cushioned The Bear Mauling?
The Nuveen S&P 500 Dynamic Overwrite Fund is a buy-write CEF from Nuveen. The CEF has significantly outperformed the S&P 500 in 2022.
SPXX: Take Advantage Of The High VIX Levels With This CEF
The Nuveen S&P 500 Dynamic Overwrite Fund is a buy-write CEF from Nuveen that can also trade volatility. The fund currently has 52% of its portfolio overwritten via covered calls.
22 Dividend Funds Yielding Up To 36.5%
With 2022 likely to be a wild ride, we income investors are going to lean on two key advantages.
This 5.8% Dividend Thrives In A Pullback
Plenty of people blindly buy into the line that market volatility is a bad thing.
Evaluating CEFs: SPXX Generates Good Income From The S&P 500
SPXX has a 5.6% yield, attractive if the distribution is well covered. I continue my series on CEFs where I look beyond the yield.
A Ripe Environment For Covered Call CEFs
The current environment of expensive equity valuations and high implied volatility is particularly attractive for covered call funds relative to outright equity exposure. We take a look at the differe...
This 7.2% Dividend Is A Smart Buy For A Biden Presidency
If there's one thing you can be sure of in investing, it's this: alarmists almost never get it right.
High-Yield Stocks: This 7.2% Dividend Protects You In A Crash
I’m hearing from a lot of readers who are worried about this market rebound.