Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
Market cap $1.34B

27.48 USD

+0.16

0.59%

At close Jan 21, 4:00 PM EST

1 day

0.59%

5 days

3.74%

1 month

2.31%

3 months

8.62%

6 months

9.70%

Year to date

2.27%

1 year

18.45%

5 years

12.16%

10 years

46.40%

About: Nuveen NASDAQ 100 Dynamic Overwrite Fund is a closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the Nasdaq 100 Index. Under normal circumstances, the Fund will invest at least 80% of its Assets in an equity portfolio made up of securities comprising the Nasdaq 100 Index (or securities that have economic characteristics that are similar to those securities comprising the Nasdaq 100 Index) that seeks to substantially replicate price movements of the Nasdaq 100 Index and is designed to support the Fund's option strategy.

0

Funds holding %

of 6,823 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

6% more funds holding

Funds holding: 119 [Q2] → 126 (+7) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0.68% less ownership

Funds ownership: 31.91% [Q2] → 31.23% (-0.68%) [Q3]

4% less capital invested

Capital invested by funds: $391M [Q2] → $374M (-$17M) [Q3]

10% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 42

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Research analyst outlook

We haven’t received any recent analyst ratings for QQQX.

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Financial journalist opinion

A Follow-Up To QQQX Raising Its Distribution

Earlier this year on Feb. 29, I wrote an article titled, "Don't Be Surprised If Nuveen Raises QQQX's Distribution." And though it took some time for the notoriously slow-acting Nuveen to finally make a move, QQQX finally saw a large +33% distribution increase declared on Dec. 2. That pushed QQQX's current market-yield up to a much more generous +8.5%. And with the fund's NAV up an impressive +28% YTD, why is this fund still trading at a -10.8% discount?

A Follow-Up To QQQX Raising Its Distribution

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QQQX: Mitigate Risk And Generate Income While Still Owning The Nasdaq

QQQX offers monthly income through a covered call strategy, trading upside potential for steady yields. The strategy involves selling ATM call options on 55% of its portfolio, capping gains but ensuring regular income distributions. QQQX is ideal for income-focused investors, particularly retirees, but may lead to capital erosion and underperformance in bullish markets.

QQQX: Mitigate Risk And Generate Income While Still Owning The Nasdaq

QQQX: High Fees And Volatility Are Offset By Large Discount To NAV

The Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) seeks to deliver attractive returns with less volatility than the Nasdaq 100. QQQX has struggled to deliver less volatility than the Nasdaq 100 historically. The fund has a high expense ratio compared to other similar products.

QQQX: High Fees And Volatility Are Offset By Large Discount To NAV

QQQX: Exchanging Current Income For Future Growth

The Nuveen NASDAQ 100 Dynamic Overwrite Fund has provided consistent performance and distributions for nearly two decades. This covered call fund maintains exposure to a diverse set of holdings, mostly focused on tech. QQQX trades at an attractive discount to NAV, presenting a rare opportunity to accumulate shares for higher yield and potential upside.

QQQX: Exchanging Current Income For Future Growth

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Why Economists Love This Economy, But You Don't

The Secret Behind These 2 Heavily Discounted CEFs

Closed-end funds (CEFs) are my No. 1 income plays for a reason that goes beyond their huge dividends: We can tap these off-the-radar (for now!

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QQQX: Getting A Dollar For 90 Cents

QQQX utilizes a call-overwrite strategy to generate income for investors and reduce portfolio volatility. QQQX has continued to lag the S&P 500, as the Nasdaq 100 Index has been a relative underperformer YTD and QQQX's discount to NAV has widened. I believe QQQX's 10% discount to NAV presents an excellent 'margin of safety' for investors.

3 High-Yield Artificial Intelligence Plays Paying Up To 9.1%

Stock market rallies climb walls of worry. Well, we have no shortage of such worries today!

Don't Let Media-Driven Fears Keep You From These 7%+ Dividends

It's starting again—the media has its hooks into a new story to scare investors, in yet another effort to gain attention.

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