Nuveen S&P 500 Dynamic Overwrite Fund Past Earnings Performance
Past criteria checks 2/6
Nuveen S&P 500 Dynamic Overwrite Fund has been growing earnings at an average annual rate of 1%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 4.1% per year. Nuveen S&P 500 Dynamic Overwrite Fund's return on equity is 16.3%, and it has net margins of 1018.1%.
Key information
1.0%
Earnings growth rate
0.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -4.1% |
| Return on equity | 16.3% |
| Net Margin | 1,018.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
SPXX: S&P 500 Covered Call CEF, Strong 7.6% Yield, Good 9.2% Discount
Mar 11SPXX: Call-Overwrite Fund Trading At A Steep Discount (Upgrade To Buy)
Dec 05SPXX: 8% Yielder Likely To Outperform QQQ And SPY, But There Are Even Better Choices
Sep 20SPXX: Poor Performance From This Buy-Write Fund
May 24SPXX: A Fund That Trades Upside For Yield
Jan 31Nuveen S&P 500 Dynamic Overwrite Fund declares $0.294 dividend
Dec 06SPXX: Strong S&P 500 Covered Call CEF, 7.3% Yield, Uncompelling Entry Point
Oct 11SPXX: Have Buy-Write CEFs Actually Cushioned The Bear Mauling?
Sep 18SPXX: Take Advantage Of The High VIX Levels With This CEF
Jul 23Evaluating CEFs: SPXX Generates Good Income From The S&P 500
May 10Nuveen S&P 500 Dynamic Overwrite Fund declares $0.245 dividend
Dec 02Revenue & Expenses BreakdownBeta
How Nuveen S&P 500 Dynamic Overwrite Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 5 | 48 | 3 | 0 |
| 31 Dec 22 | 5 | -47 | 3 | 0 |
| 30 Sep 22 | 5 | -35 | 3 | 0 |
| 30 Jun 22 | 5 | -23 | 3 | 0 |
| 31 Mar 22 | 5 | 19 | 3 | 0 |
| 31 Dec 21 | 5 | 60 | 3 | 0 |
| 30 Sep 21 | 5 | 70 | 3 | 0 |
| 30 Jun 21 | 5 | 79 | 3 | 0 |
| 31 Mar 21 | 5 | 47 | 2 | 0 |
| 31 Dec 20 | 5 | 16 | 2 | 0 |
| 30 Sep 20 | 5 | 3 | 2 | 0 |
| 30 Jun 20 | 5 | -9 | 2 | 0 |
| 31 Mar 20 | 5 | 20 | 2 | 0 |
| 31 Dec 19 | 5 | 49 | 3 | 0 |
| 30 Sep 19 | 5 | 30 | 3 | 0 |
| 30 Jun 19 | 5 | 11 | 3 | 0 |
| 31 Mar 19 | 5 | -2 | 2 | 0 |
| 31 Dec 18 | 5 | -16 | 2 | 0 |
| 30 Sep 18 | 5 | 4 | 2 | 0 |
| 30 Jun 18 | 5 | 23 | 2 | 0 |
| 31 Mar 18 | 5 | 32 | 2 | 0 |
| 31 Dec 17 | 5 | 40 | 2 | 0 |
| 30 Sep 17 | 5 | 37 | 2 | 0 |
| 30 Jun 17 | 5 | 34 | 2 | 0 |
| 31 Mar 17 | 5 | 27 | 2 | 0 |
| 31 Dec 16 | 5 | 20 | 2 | 0 |
| 30 Sep 16 | 6 | 13 | 2 | 0 |
| 30 Jun 16 | 6 | 6 | 2 | 0 |
| 31 Mar 16 | 6 | 4 | 2 | 0 |
| 31 Dec 15 | 6 | 3 | 2 | 0 |
| 30 Sep 15 | 5 | 6 | 2 | 0 |
| 30 Jun 15 | 5 | 9 | 2 | 0 |
| 31 Mar 15 | 6 | 12 | 2 | 0 |
| 31 Dec 14 | 6 | 16 | 2 | 0 |
| 30 Sep 14 | 6 | 24 | 2 | 0 |
| 30 Jun 14 | 6 | 31 | 2 | 0 |
| 31 Mar 14 | 6 | 35 | 2 | 0 |
| 31 Dec 13 | 6 | 39 | 2 | 0 |
| 30 Sep 13 | 6 | 33 | 2 | 0 |
| 30 Jun 13 | 6 | 27 | 2 | 0 |
Quality Earnings: SPXX has a large one-off gain of $65.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SPXX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPXX has become profitable over the past 5 years, growing earnings by 1% per year.
Accelerating Growth: SPXX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SPXX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: SPXX's Return on Equity (16.3%) is considered low.