Nuveen NASDAQ 100 Dynamic Overwrite (NASDAQ:QQQX)
- Market Cap$1.098bn
- AIC sector-
- Manager GroupNuveen
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.