Nuveen S&P 500 Dynamic Overwrite Fund (SPXX)

Nuveen S&P 500 Dynamic Overwrite Fund (SPXX $17.85)
- $17.85 Fwd P/E: 61.9X Cap: $320M
- View SPXX Profile
- View Questions on SPXX

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Eaton Vance Tax-Managed Buy-Write Strategy Fund of Beneficial Interest (EXD)
- Cap: $93M
- View EXD Profile
- View Questions on EXD
Nuveen S&P 500 Dynamic Overwrite Fund (SPXX $17.85)
- $17.85 Fwd P/E: 61.9X Cap: $320M
- View SPXX Profile
- View Questions on SPXX

Q: Greetings,

A trader(yes - not an investor) recommended a couple of option selling strategy CEFs funds that can do well in this market. i am not comfortable selling call options myself but understand how they work and wanted to get your opinion of a little bit riskier trade to supplement an otherwise med conservative investor. Looking for dividends in this low interest environment. I expect that companies will start cutting dividends here so need a replacement way to generate income in the short term only.
thanks

Read Answer Asked by kelly on April 06, 2020