BXMX News and Press, Nuveen S&P 500 Buy-Write Income Fund of Beneficial Interest From 05/12/23

2023-05-12 09:15:00 ET Summary XYLD yields ~11% and pays a variable monthly distribution. The XYLD ETF uses Covered Calls on the S&P 500 to generate monthly income and offers some downside protection to investors. We compare XYLD's performance, yield, and valuation to othe...

Summary Nuveen S&P 500 Buy-Write Income Fund is an equity buy-write CEF. The fund aims to replicate the S&P 500 via its holdings and then writes covered calls on the portfolio. On average, the vehicle is writing at the money call options with an average tenor of 38 days. ...

Summary XYLD has major issues in volatile markets due to tracking an inflexible index that is, in my opinion, not meant to be purchased. XYLD underperforms peers such as PUTW generally, both in bullish markets, bear market rallies, and during market declines. Investors can rep...

Summary The Nuveen S&P 500 Dynamic Overwrite Fund is a buy-write CEF from Nuveen. The CEF has significantly outperformed the S&P 500 in 2022. In this article we analyze SPXX's return profile versus other buy-write CEFs and versus the Index to ascertain relative value p...

After the Fed hiked interest rates for the fourth time this year, closed-end fund investors may wonder how their income will be affected. Past cycles have shown that valuations fall ahead of time in anticipation of rising rates. While distribution cuts are a natural part of the in...

BXMX is a CEF from the buy-write suite of products. The CEF pays income on a quarterly basis versus the monthly distributions we see for other funds in the space. The fund has a robust long-term performance and ranks highly in terms of annualized total return after a year with a l...

JEPI's trailing yield is 8.40% - it pays monthly. We compare JEPI to other S&P-based high yield ETF's and CEF's. Performance, Dividend Yields, Price Discounts, and Expenses are also covered in this article. For further details see: JEPI: 8% Yield, Monthly Payer, And ...

PCEF holds 125 closed-end funds chosen with systematic rules. It has suffered significant capital and distribution decay since inception. Inflation and rising rates will likely be an additional drag in the future. Regarding valuation, its aggregate discount is not attractive. ...

When I talk to investors these days, I hear three main reasons why they’re feeling unsettled. All three fears are interconnected (and none of them will likely surprise you!): inflation, the Federal Reserve and the war in Ukraine. But the funny thing is, these factors are all actu...

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) declares $0.2365/share quarterly dividend, 1000% increase from prior dividend of $0.0215. Forward yield 7.11% Payable April 1; for shareholders of record March 15; ex-div March 14. See BXMX Dividend Scorecard, Yield Chart, & Dividend Gr...