QQQX News and Press, Nuveen NASDAQ 100 Dynamic Overwrite Fund From 06/25/23

2023-06-25 09:15:00 ET Summary The Global X NASDAQ 100 Covered Call ETF writes covered calls on the NASDAQ 100. It pays monthly and yields over 12%. This article analyzes other covered call NASDAQ-related funds that are outperforming the QYLD ETF. After taking a drub...

2023-06-05 08:55:07 ET Nuveen NASDAQ 100 Dynamic Overwrite Fund ( NASDAQ: QQQX ) declares $0.42/share quarterly dividend , in line with previous. Forward yield 6.74% Payable July 3; for shareholders of record June 15; ex-div June 14. See QQQX Dividend Scoreca...

2023-05-25 05:00:16 ET There’s a lot of rhetoric flying around about the debt ceiling these days, and it’s set up a very nice opportunity for us to buy a 7%-yielding closed-end fund (CEF) we always have on our watch list. That would be the Nuveen Nasdaq 100 Dynamic O...

2023-05-20 09:00:00 ET Summary John's retirement accounts generated a total of $2,215.32 of dividend income for April 2023 vs. $1,958.89 of dividend income for April 2022. John's Traditional IRA had a balance of $347.4K as of April 30, 2023, vs. $362.5K on April 30th, 2022. The es...

2023-05-13 04:30:20 ET Summary QYLD is a popular covered call fund attracting interest of income oriented investors. It is typically expected to outperform when the market is flat or trending down. There are some scenarios where QYLD could have disastrous results. While ra...

2023-05-09 03:50:47 ET Summary Covered call funds are becoming popular again. One older and overlooked covered call can be one of the best. It strikes a good balance between growth and yield, beating market returns in the process. For further details see:...

2023-04-29 09:00:00 ET Summary John's retirement accounts generated a total of $3,063.24 of dividend income for March 2023 vs. $2,457.27 of dividend income for March 2022. John's Traditional IRA had a balance of $350.2K as of March 31, 2023, vs. $372.5K on March 31, 2022. The esti...

2023-04-06 19:29:23 ET Summary For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted gains for the second month in three. At month end, 13% of all CEFs traded at a premium to their NAV,...

2023-04-05 10:27:07 ET Summary Nuveen NASDAQ 100 Dynamic Overwrite Fund is a nice covered call closed-end fund that is only about half hedged at any given time. The fund's yield is quite high, but the chart is overbought after a big rally. I like QQQX for 2023's market conditi...

2023-03-27 05:00:27 ET If there’s one thing we can be thankful for when it comes to the banking crisis, it’s this: at least it means fewer headlines about Fed rate hikes! That’s actually a good thing for us, because, as the Fed statement hinted on Wednesday, the Fed...