Nuveen S&P 500 Buy-Write Income Fund (BXMX)
BXMX Price and Sentiment
BXMX Latest news
BXMX: A 5.9% Yielding Vehicle For Rangebound Markets
With income investments so pricey, investors might consider boosting the current yield of their portfolio by diversifying into higher-yielding investments.
This fund has come a long way since it was originally added to the portfolio.
The current environment of expensive equity valuations and high implied volatility is particularly attractive for covered call funds relative to outright equity exposure. We take a look at the different decision points for investors in the sector such as benchmark tilt, call overwrite percentage, and equity benchmark drag.
Buy-write funds have become an increasingly popular way to have your cake and eat it too. We examine the returns of Nuveen S&P 500 Buy-Write Income Fund.
Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy. Recent volatility has already caused some CEFs to lower their distributions as a result of the March drawdown, causing their discounts to widen relative to their sectors.
All three funds highlighted today with a 'Buy' rating are call writing funds.
It’s the million-dollar question these days: how can this market be up double digits in an economy like this?
The four option-based funds by Nuveen include; BXMX, SPXX, DIAX, and QQQX.