Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) falls 0.97% for January 14

Equities Staff  |

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE: SPXX), a Boston, Massachusetts, company, fell to close at $18.42 Friday after losing $0.18 (0.97%) on volume of 58,931 shares. The stock ranged from a high of $18.66 to a low of $18.27 while Nuveen S&P 500 Dynamic Overwrite Fund’s market cap now stands at $316,672,182.

About Nuveen S&P 500 Dynamic Overwrite Fund

Nuveen S&P 500 Dynamic Overwrite Fund is designed to offer regular distributions through a strategy that seeks attractive total return with less volatility than the S&P 500 Index by investing in an equity portfolio that seeks to substantially replicate the price movements of the S&P 500 Index, as well as selling call options on 35%-75% of the notional value of the Fund's equity portfolio (with a 55% long-term target) in an effort to enhance the Fund's risk-adjusted returns. The strategy will consider the Fund's tax position and employ techniques to improve after-tax shareholder outcomes.

Visit Nuveen S&P 500 Dynamic Overwrite Fund’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Nuveen S&P 500 Dynamic Overwrite Fund and to follow the company’s latest updates, you can visit the company’s profile page here: Nuveen S&P 500 Dynamic Overwrite Fund’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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