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ALL
AUM
$320945575
P/E ratio
25.9
Dividend yield
6.8948%
Expense ratio
0.92%
Beta
0.761923
Previous close
$17.98
Today's open
$17.96
Day's range
$17.86 - $18.03
52 week range
$14.33 - $18.52
Equities
Multi Alternative
8.5%
MSFT
Microsoft Corp
7.7%
If The AI Bubble Pops, These 8% CEFs Are Our First Line Of Defense
Investors are scared—and that's setting up a terrific opportunity for us in 8%+ yielding covered-call CEFs.
Forbes • Dec 10, 2025

Here's How These 2 CEFs Could 7X Your Dividends
Our favorite dividends are now on sale—but we still need to make sure we're buying this dip the right way.
Forbes • Nov 28, 2025

SPXX: Attractive Valuation On This Steady Income Fund
Nuveen S&P 500 Dynamic Overwrite Fund offers high-quality equity exposure with a 7.7% yield, appealing to income-focused, defensive investors. SPXX trades at an 8.4% discount to NAV, one of its largest in a decade, making it attractive for accumulation despite recent underperformance. While SPXX's option strategy limits upside versus peers and the S&P 500, its dividend is well-supported, and distributions are tax-efficient via return of capital.
Seeking Alpha • Oct 23, 2025

This Protects You From An AI Bubble, Pays 7.7% Dividends
I know, I know. This levitating stock market feels like a bubble that will burst any day.
Forbes • Oct 14, 2025

Nuveen Covered Call Closed-End Funds Announce Proposed Mergers and Shareholder Meeting Update
CHICAGO--(BUSINESS WIRE)--The Boards of Trustees of Nuveen S&P 500 Buy-Write Income Fund (NYSE: BXMX), Nuveen Dow 30℠ Dynamic Overwrite Fund (NYSE: DIAX), and Nuveen S&P 500 Dynamic Overwrite Fund (NYSE: SPXX) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would combine BXMX and DIAX into SPXX. The mergers are intended to create a larger fund with lower net operating expenses and increased trading volume on the exchange for common shares.
Business Wire • Sep 19, 2025

This 8.5% Dividend Loves A Market Panic
Volatility is back! And we contrarians know what to do: Get ready to buy.
Forbes • Aug 9, 2025

SPXX: Much Better Choices Out There
Nuveen S&P 500 Dynamic Overwrite Fund has significantly underperformed its buy-write fund peers, ranking last in total return compared to alternatives like ETY and SPYI. Despite slightly lower drawdowns, SPXX offers little downside protection, mirroring the S&P 500's risks due to its options strategy. The current S&P 500 valuation is historically high, making the macro environment unfavorable for new investments in SPXX.
Seeking Alpha • Aug 8, 2025

When Diversification Fails: This 11.3% Dividend Has A Huge Hidden Cost
The media is still obsessed with the “sell America” trade.
Forbes • Jun 10, 2025

SPXX: Covered Call CEF With Long History Of Stability
SPXX offers a high 7.8% yield using a covered call strategy, making it ideal for investors seeking supplemental income alongside traditional S&P 500 ETFs. The fund's dynamic option writing provides resilience during downturns and steady distributions, but caps upside, leading to long-term underperformance versus SPY. SPXX is best used as a portfolio complement for income, not as a core holding, due to its lower total return compared to traditional index funds.
Seeking Alpha • Jun 3, 2025

Consider SPXX For The Coming Bear Market In Stocks
Retirees should consider defensive investments like dividend-generating funds instead of growth stocks, especially during market downturns. The Nuveen S&P 500 Dynamic Overwrite Fund offers a strategy to generate income through covered calls, providing a 7.8% yield. SPXX limits downside risk while capturing upside potential, making it a safer bet in volatile markets compared to higher-yield, higher-volatility funds.
Seeking Alpha • Mar 14, 2025

¹ Disclosures

Open an M1 investment account to buy and sell Nuveen S&P 500 Dynamic Overwrite Fund commission-free¹. Build wealth for the long term using automated trading and transfers.