Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) To Go Ex-Dividend on September 15th

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) announced a quarterly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.4215 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date is Tuesday, September 15th.

Nuveen S&P 500 Dynamic Overwrite Fund Trading Up 0.8%

NYSE SPXX opened at $18.94 on Friday. Nuveen S&P 500 Dynamic Overwrite Fund has a twelve month low of $15.78 and a twelve month high of $19.39. The firm has a 50-day simple moving average of $18.85 and a 200 day simple moving average of $17.99.

Nuveen S&P 500 Dynamic Overwrite Fund Company Profile

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE: SPXX) is a closed-end management investment company that seeks to provide attractive current income and total return potential through a dynamic options strategy. The fund primarily holds a portfolio of large-cap U.S. equities, corresponding closely to the constituents of the S&P 500 Index. In conjunction with its equity holdings, SPXX employs a covered-call, or “overwrite,” approach, writing call options on the underlying equity positions with varying strike prices and maturities to generate option premiums and enhance income for shareholders.

Launched and managed by Nuveen, the asset management arm of TIAA, the fund leverages Nuveen’s extensive experience in equity and options markets.