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The Nuveen Nasdaq 100 Overwrite Fund (QQQX) is one of the more interesting closed-end funds for a variety of reasons. For one, it’s a high income tech fund, meaning investors are getting a 6.8% dividend yield from a portfolio of Nasdaq 100 stocks, far above the index fund (QQQ) dividend yield of 0.86%.
That’s not too surprising for a closed-end fund ((CEF)), which often exist to deliver as much income as possible to investors. But compared to its CEF bretheren, it’s unusual in that it is much more of