Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
About: Nuveen Dow 30sm Dynamic Overwrite Fund is a non-diversified closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the Dow Jones Industrial Average by investing in an equity portfolio that seeks to substantially replicate the price movements of the DJIA, as well as selling call options on 35%-75% of the notional value of the Fund's equity portfolio.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
3% more funds holding
Funds holding: 100 [Q1] → 103 (+3) [Q2]
1.46% more ownership
Funds ownership: 31.03% [Q1] → 32.49% (+1.46%) [Q2]
4% more capital invested
Capital invested by funds: $163M [Q1] → $170M (+$6.16M) [Q2]
36% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 39
Financial journalist opinion