In plain terms — Nuveen S&P 500 Dynamic Overwrite Fund
No daily net asset value is published for this fund on our feed, so we cannot say whether it trades above or below its assets.
It pays regular distributions worth about 9.0% a year of the share price. That is a payout rate, not a return: part of it may be capital being handed back.
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Price and NAV, past year
Snapshot
Valuation vs. history
| Window | Average prem/disc | Std. dev. | Z-score | Observations |
|---|---|---|---|---|
| 3 months | — | — | — | 0 |
| 6 months | — | — | — | 0 |
| 1 year | — | — | — | 0 |
| 3 years | — | — | — | — |
| 5 years | — | — | — | — |
Current contemporaneous premium/discount — (close Oct 14, 2026 vs NAV —). 1-year range — to —. A negative Z-score means a wider discount than the window average — not that the fund is undervalued.
Performance
| Series | 1M | 3M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) |
|---|---|---|---|---|---|---|
| Market price return | -2.05% | -0.16% | +3.27% | +9.20% | +8.13% | +1.19% |
| Market price total return | +0.18% | +2.12% | +10.26% | +18.83% | +16.97% | +9.17% |
| NAV return | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Through Oct 14, 2026. Total return reinvests distributions at the series value on the ex-date. Cumulative ≤ 1 year, annualised beyond.
About the fund
The Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) operates as a closed-end, equity-indexed mutual fund, sponsored by Nuveen Investments, Inc. It is jointly managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. This fund primarily invests in public equities within the United States, focusing on large-capitalization companies spanning various sectors. As part of its investment strategy, it also employs financial derivatives, such as call options. The fund's core objective is to replicate the performance of the S&P 500 Index. Initially launched on November 11, 2004, and domiciled in the U.S., it was previously known as the Nuveen Equity Premium and Growth Fund.
CEF Explorer research page for Nuveen S&P 500 Dynamic Overwrite Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.