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Nuveen S&P 500 Dynamic Overwrite Fund NYSE:SPXX Stock Report

Last Price

US$15.08

Market Cap

US$270.8m

7D

-3.3%

1Y

-2.6%

Updated

18 Apr, 2024

Data

Company Financials

Nuveen S&P 500 Dynamic Overwrite Fund

NYSE:SPXX Stock Report

Market Cap: US$270.8m

SPXX Stock Overview

Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc.

SPXX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends4/6

Nuveen S&P 500 Dynamic Overwrite Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen S&P 500 Dynamic Overwrite Fund
Historical stock prices
Current Share PriceUS$15.08
52 Week HighUS$16.05
52 Week LowUS$13.57
Beta0.95
1 Month Change-1.63%
3 Month Change0.73%
1 Year Change-2.65%
3 Year Change-11.97%
5 Year Change-4.74%
Change since IPO-24.60%

Recent News & Updates

SPXX: S&P 500 Covered Call CEF, Strong 7.6% Yield, Good 9.2% Discount

Mar 11

SPXX: Call-Overwrite Fund Trading At A Steep Discount (Upgrade To Buy)

Dec 05

SPXX: 8% Yielder Likely To Outperform QQQ And SPY, But There Are Even Better Choices

Sep 20

Recent updates

SPXX: S&P 500 Covered Call CEF, Strong 7.6% Yield, Good 9.2% Discount

Mar 11

SPXX: Call-Overwrite Fund Trading At A Steep Discount (Upgrade To Buy)

Dec 05

SPXX: 8% Yielder Likely To Outperform QQQ And SPY, But There Are Even Better Choices

Sep 20

SPXX: Poor Performance From This Buy-Write Fund

May 24

SPXX: A Fund That Trades Upside For Yield

Jan 31

Nuveen S&P 500 Dynamic Overwrite Fund declares $0.294 dividend

Dec 06

SPXX: Strong S&P 500 Covered Call CEF, 7.3% Yield, Uncompelling Entry Point

Oct 11

SPXX: Have Buy-Write CEFs Actually Cushioned The Bear Mauling?

Sep 18

SPXX: Take Advantage Of The High VIX Levels With This CEF

Jul 23

Evaluating CEFs: SPXX Generates Good Income From The S&P 500

May 10

Nuveen S&P 500 Dynamic Overwrite Fund declares $0.245 dividend

Dec 02

Shareholder Returns

SPXXUS Capital MarketsUS Market
7D-3.3%-2.6%-3.7%
1Y-2.6%22.7%20.5%

Return vs Industry: SPXX underperformed the US Capital Markets industry which returned 22.7% over the past year.

Return vs Market: SPXX underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is SPXX's price volatile compared to industry and market?
SPXX volatility
SPXX Average Weekly Movement1.5%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: SPXX has not had significant price volatility in the past 3 months.

Volatility Over Time: SPXX's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/an/awww.nuveen.com/cef/Product/Overview.aspx?FundCode=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.

Nuveen S&P 500 Dynamic Overwrite Fund Fundamentals Summary

How do Nuveen S&P 500 Dynamic Overwrite Fund's earnings and revenue compare to its market cap?
SPXX fundamental statistics
Market capUS$270.84m
Earnings (TTM)US$47.79m
Revenue (TTM)US$4.69m

5.7x

P/E Ratio

57.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPXX income statement (TTM)
RevenueUS$4.69m
Cost of RevenueUS$0
Gross ProfitUS$4.69m
Other Expenses-US$43.10m
EarningsUS$47.79m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.66
Gross Margin100.00%
Net Profit Margin1,018.10%
Debt/Equity Ratio1.0%

How did SPXX perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

44%

Payout Ratio
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