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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.91% -4.47% 986.24M 153570.6
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
0.41% 11.00% -21.41M Upgrade

Basic Info

Investment Strategy
The Fund is designed to offer regular distributions through a strategy that seeks attractive total return with less volatility than the Nasdaq 100 Index by investing in an equity portfolio that seeks to substantially replicate the price movements of the Nasdaq 100 Index, as well as selling call options on 35%-75% of the notional value of the Fund's equity portfolio (with a 55% long-term target) in an effort to enhance the Fund's risk-adjusted returns.
General
Security Type Closed-End Fund
Equity Style Large Cap/Growth
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Options-based
Category Index CBOE S&P 500 BuyWrite BXM
Prospectus Objective Equity-Income
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
NASDAQ 100 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
David Friar 9.95 yrs
Darren Tran 0.16 yrs
Lei Liao 0.16 yrs
Philip Campagna 0.16 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 73
-21.41M
-1.304B Category Low
4.551B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2012

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
--
--
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--
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--
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As of October 28, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2013
2014
2015
2016
2017
2018
2019
YTD
27.01%
16.07%
8.42%
3.43%
39.18%
-11.70%
28.77%
0.41%
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
-0.39%
--
4.37%
7.17%
4.76%
18.79%
-3.05%
22.68%
-3.05%
--
--
--
--
--
--
--
11.60%
23.87%
9.83%
18.92%
6.19%
12.96%
-4.29%
21.24%
-1.71%
36.08%
15.07%
6.40%
1.79%
27.88%
2.79%
31.05%
6.10%
As of October 28, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-28-20) 0.41%
30-Day SEC Yield (12-31-09) Upgrade
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 32.00
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of August 31, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of August 31, 2020

Asset Allocation

As of August 31, 2020.
Type % Net % Long % Short
Cash 0.71% Upgrade Upgrade
Stock 99.29% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other -0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Apple Inc 16.27% 111.20 -4.63%
Microsoft Corp 13.04% 202.68 -4.96%
Amazon.com Inc 12.99% 3162.78 -3.76%
Alphabet Inc A 4.64% 1510.80 -5.51%
Facebook Inc A 4.58% 267.67 -5.51%
NVIDIA Corp 4.27% 505.08 -5.75%
Alphabet Inc Class C 3.89% 1516.62 -5.46%
PayPal Holdings Inc 3.37% 192.31 -4.05%
Comcast Corp Class A 2.94% 41.98 -3.36%
Intel Corp 2.81% 44.25 -3.05%

Basic Info

Investment Strategy
The Fund is designed to offer regular distributions through a strategy that seeks attractive total return with less volatility than the Nasdaq 100 Index by investing in an equity portfolio that seeks to substantially replicate the price movements of the Nasdaq 100 Index, as well as selling call options on 35%-75% of the notional value of the Fund's equity portfolio (with a 55% long-term target) in an effort to enhance the Fund's risk-adjusted returns.
General
Security Type Closed-End Fund
Equity Style Large Cap/Growth
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Options-based
Category Index CBOE S&P 500 BuyWrite BXM
Prospectus Objective Equity-Income
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
NASDAQ 100 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
David Friar 9.95 yrs
Darren Tran 0.16 yrs
Lei Liao 0.16 yrs
Philip Campagna 0.16 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-28-20) 0.41%
30-Day SEC Yield (12-31-09) Upgrade
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 32.00
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of August 31, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of August 31, 2020

Fund Details

Key Dates
Inception Date 1/30/2007
Last Annual Report Date 12/31/2019
Last Prospectus Date 1/25/2007
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No