Nuveen S&P 500 Buy-Write Income Fund (BXMX)

• Market cap: $1.28B
• 1 day: -2.07%
• 5 days: -3.07%
• 1 month: -5.67%
• 3 months: -11.25%
• 6 months: -10.60%
• Year to date: -10.47%
• 1 year: -2.46%
• 5 years: 15.80%
• 10 years: -4.13%
• Sector: Financials
• Industry: Asset Management

About: Nuveen S&P 500 Buy-Write Income Fund is a diversified closed-ended management investment company based in the United States. Its investment objective is to seek attractive total returns with less volatility. The fund invests its managed assets in a diversified equity portfolio that seeks to substantially replicate price movements of the S&P 500 Index. It also uses an index options strategy of writing (selling) index call options in seeking to moderate the volatility of returns relative to an all-equity portfolio. Its revenue is generated mainly from interest and dividend income.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 8

18% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 44

9% more funds holding

Funds holding: 153 [Q3] → 167 (+14) [Q4]

5% more capital invested

Capital invested by funds: $432M [Q3] → $454M (+$21.6M) [Q4]

0.44% more ownership

Funds ownership: 30.7% [Q3] → 31.14% (+0.44%) [Q4]