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

The Nuveen S&P 500 Buy-Write Income Fund (BXMX) has seen its discount widen substantially, making it a more tempting investment choice. BXMX is a call-writing fund that writes calls against the S&P 50

Nuveen S&P 500 Buy-Write Income Fund uses options to reduce volatility and increase income from its portfolio of global equities. The fund's top holdings are primarily large-cap stocks, with calls wri

NEW YORK--(BUSINESS WIRE)--The 19(a) distribution notices for six Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds' regular qu

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare fo

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.

NEW YORK--(BUSINESS WIRE)--The 19(a) distribution notices for ten Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds' regular mo

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