Nuveen S&P 500 Buy-Write Income Fund Stock News

Nuveen S&P 500 Buy-Write Income Fund focuses on generating income through covered calls, offering a distribution yield of 7.2%. Covered call funds have gained popularity for their ability to generate

BXMX and XYLD write covered calls on the index as an offset to their equity holdings. BXMX is a closed end fund, whereas XYLD is an exchange traded fund. We review them on key characteristics, perform

The Nuveen S&P 500 Buy-Write Income Fund writes index call options to enhance risk-adjusted returns and fund an attractive distribution yield. The fund has delivered solid historical performance with

The Nuveen S&P 500 Buy-Write Income Fund is currently trading at an attractive discount, dropping from the premium when we last covered the fund. The fund aims to mirror the S&P 500 Index and generate

BXMX is an equity buy-write closed-end fund. The CEF has a 7% dividend yield and has managed to outperform most buy-write funds this year, including the vaunted JP Morgan JEPI fund.

The S&P 500 is down YTD, but BXMX has provided some downside protection through their call writing. One problem with that is that the share price has become relatively expensive, pushing to a premium.

Nuveen S&P 500 Dynamic Overwrite Fund outperformed the S&P 500 in 2022. Click here to see my thoughts on SPXX CEF's performance.

BXMX is a CEF from the buy-write suite of products. The CEF pays income on a quarterly basis versus the monthly distributions we see for other funds in the space.

PCEF: Shrinking Capital And Income

BXMX: A 5.9% Yielding Vehicle For Rangebound Markets

BXMX: A Supplement To Your DGI Portfolio

This fund has come a long way since it was originally added to the portfolio.

DIAX: Owning The DJIA With An Overwrite Strategy

The current environment of expensive equity valuations and high implied volatility is particularly attractive for covered call funds relative to outright equity exposure. We take a look at the differe