Nuveen NASDAQ 100 Dynamic Overwrite FundQQQX
QQQX
About: Nuveen NASDAQ 100 Dynamic Overwrite Fund is a closed-end management investment company. Its investment objective is to seek an 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 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
31% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 35
9% more capital invested
Capital invested by funds: $374M [Q3] → $407M (+$33.3M) [Q4]
8% more funds holding
Funds holding: 127 [Q3] → 137 (+10) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
0.38% less ownership
Funds ownership: 31.23% [Q3] → 30.86% (-0.38%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for QQQX.
Financial journalist opinion
Neutral
Seeking Alpha
1 week ago
QQQX: Attractive Discount On Top Of Latest Market Pullback
Nuveen NASDAQ 100 Dynamic Overwrite Fund offers Nasdaq 100 exposure with a dynamic call writing strategy, aiming for attractive quarterly distributions and risk-adjusted returns. QQQX's significant discount and flexible option strategy make it a more interesting investment choice in the call writing space. The fund's 9.28% distribution yield and tax-friendly classifications enhance its appeal, but the fund will require capital gains to cover the payout.
Positive
Seeking Alpha
1 week ago
5 Best CEFs This Month For Yields Up To 14%
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
1 month ago
QQQX: 8%-Plus Yield, 9% Discount, Long-Term NAV Growth
QQQX, a CEF, offers an 8%-plus yield by selling covered calls on NASDAQ 100 stocks, aiming for attractive returns with reduced volatility. QQQX has a long-term track record, with a 35% NAV/share increase since inception, and currently trades at a 9.11% discount to NAV. The fund's top holdings include major tech stocks like Apple, Amazon, and Meta, and it provides regular quarterly distributions with tax advantages.
Positive
Seeking Alpha
1 month ago
5 Best CEFs This Month: Average Yield Of 10% (February 2025)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
2 months ago
QQQX: 8% Plus Income Yield, Decent Discount, And Long-Term Growth
The Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-end fund that primarily invests in large capitalized high-growth equity holdings. It also utilizes call overlay on 50% or more of its portfolio. QQQX offers a highly attractive 8.15% distribution yield and is currently trading at an 8.5% discount. It is a reasonably good way of getting consistent high income and still matching the total returns of the S&P 500 over the long term.
Positive
Seeking Alpha
2 months ago
5 Best CEFs This Month For Nearly 10% Yield (January 2025)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Positive
Seeking Alpha
3 months ago
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?
Neutral
Forbes
4 months ago
3 ‘Post-Election' Dividends To Buy For Safety In 2025
Well, that was fast. As you no doubt know by now, stocks gave back their post-election bump nearly as fast as they took it.
Positive
Seeking Alpha
4 months ago
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.
Negative
Seeking Alpha
4 months ago
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.
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