Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) falls 1.38% to Close at $17.81 on September 14

Equities Staff  |

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE: SPXX), a Boston, Massachusetts, company, fell to close at $17.81 Tuesday after losing $0.25 (1.38%) on volume of 24,585 shares. The stock ranged from a high of $17.96 to a low of $17.76 while Nuveen S&P 500 Dynamic Overwrite Fund’s market cap now stands at $306,185,210.

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.

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