Nuveen S&P 500 Buy-Write Income Fund (BXMX)
12.70
+0.14
(+1.15%)
USD |
NYSE |
Apr 23, 12:57
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.91% | -11.67% | 1.481B | 188707.8 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0.89% | 16.00% | -45.80M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund’s investment objective is to seek attractive total return with less volatility than the S&P 500 Index. Under normal circumstances, the Fund will invest at least 80% of its Assets in a diversified equity portfolio made up of securities comprising the S&P 500 Index that seeks to substantially replicate price movements of the S&P 500 Index and is designed to support the Fund’s option strategy. Under normal circumstances, the Fund expects to invest substantially all (at least 90%) of its Managed Assets in its equity portfolio or otherwise in pursuit of its investment objective. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Options Trading |
| Category Index | Morningstar Mod Con Tgt Risk TR USD |
| Global Category Name | Options Trading |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Equity-Income |
| Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
| Prospectus Benchmark Index | |
| CBOE S&P 500 BuyWrite BXM PR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Kenneth Toft | 11.11 yrs |
| Michael Buckius | 11.11 yrs |
| Daniel Ashcraft | 8.09 yrs |
| Mitchell Trotta | 0.50 yrs |
Performance Versus Category
As of April 22, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 22, 2024.
Basic Info
| Investment Strategy | |
| The Fund’s investment objective is to seek attractive total return with less volatility than the S&P 500 Index. Under normal circumstances, the Fund will invest at least 80% of its Assets in a diversified equity portfolio made up of securities comprising the S&P 500 Index that seeks to substantially replicate price movements of the S&P 500 Index and is designed to support the Fund’s option strategy. Under normal circumstances, the Fund expects to invest substantially all (at least 90%) of its Managed Assets in its equity portfolio or otherwise in pursuit of its investment objective. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Options Trading |
| Category Index | Morningstar Mod Con Tgt Risk TR USD |
| Global Category Name | Options Trading |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Equity-Income |
| Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
| Prospectus Benchmark Index | |
| CBOE S&P 500 BuyWrite BXM PR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Kenneth Toft | 11.11 yrs |
| Michael Buckius | 11.11 yrs |
| Daniel Ashcraft | 8.09 yrs |
| Mitchell Trotta | 0.50 yrs |