Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX)
Nuveen Nasdaq 100 Dynamic Overwrite Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $30.68, up 0.52% on the session, giving a market capitalisation of $1.50B. On trailing twelve-month figures it carries a trailing P/E of 4.94, a net margin of 152.3%. Its beta of 1.12 implies it has historically moved more than the broad market.
The Nuveen Nasdaq 100 Dynamic Overwrite Fund is an equity-focused, closed-end investment vehicle initially established by Nuveen Investments, Inc. Its management is a collaborative effort between Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. The fund primarily allocates capital to publicly traded U.S. equities, specifically concentrating on large-capitalization companies across a diverse array of sectors. An integral part of its strategy involves the utilization of index call options. A core objective is to mirror the performance of the NASDAQ 100 Index. Prior to its current designation, the fund was known as the NASDAQ Premium Income & Growth Fund Inc. It was inaugurated on January 30, 2007, and maintains its domicile within the United States.
Nuveen Nasdaq 100 Dynamic Overwrite Fund is most often compared with the following Financial Services names: