Nuveen S&P 500 Buy-Write Income FundBXMX
Market Cap: 1.37B
About: Nuveen S&P 500 Buy-Write Income Fund is a diversified closed-ended management investment company based in the United States. Its investment objective is to seek attractive total returns with less volatility. The fund invests its managed assets in a diversified equity portfolio that seeks to substantially replicate price movements of the S&P 500 Index. It also uses an index options strategy of writing (selling) index call options in seeking to moderate the volatility of returns relative to an all-equity portfolio. Its revenue is generated mainly from interest and dividend income.
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
4% more capital invested
Capital invested by funds: $379M [Q4 2023] → $393M (+$14.1M) [Q1 2024]
0.14% more ownership
Funds ownership: 28.39% [Q4 2023] → 28.53% (+0.14%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
1% less funds holding
Funds holding: 143 [Q4 2023] → 142 (-1) [Q1 2024]
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
12% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 42
Research analyst outlook
We haven’t received any recent analyst ratings for BXMX.