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SPXX

Nuveen S&P 500 Dynamic Overwrite Fund

$16.65

Company Information

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.

Organisation
Nuveen S&P 500 Dynamic Overwrite Fund
Headquarters
Boston, Massachusetts, US
Industry
Miscellaneous