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Nuveen S&P 500 Buy-Write Income Fund of Benef Interest
mutual fund
XBXMX
Payout Change
Suspended
Price as of:
$15.77
-0.07
-0.44%
primary theme
N/A
share class
XBXMX (Mutual Fund)
Nuveen S&P 500 Buy-Write Income Fund of Benef Interest
Payout Change
Suspended
Price as of:
$15.77
-0.07
-0.44%
primary theme
N/A
share class
XBXMX (Mutual Fund)
Nuveen S&P 500 Buy-Write Income Fund of Benef Interest
Payout Change
Suspended
Price as of:
$15.77
-0.07
-0.44%
primary theme
N/A
share class
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
13.1%
1 yr return
12.2%
3 Yr Avg Return
0.9%
5 Yr Avg Return
3.0%
Net Assets
$1.42 B
Holdings in Top 10
31.0%
52 WEEK LOW AND HIGH
$15.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
XBXMX - Profile
Distributions
- YTD Total Return 13.1%
- 3 Yr Annualized Total Return 0.9%
- 5 Yr Annualized Total Return 3.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.31%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNuveen S&P 500 Buy-Write Income Fund of Benef Interest
-
Fund Family NameNuveen
-
Inception DateNov 22, 2004
-
Shares Outstanding104086837
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Buckius
Fund Description
XBXMX - Performance
Return Ranking - Trailing
| Period | XBXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.1% | -2.8% | 240.8% | 36.76% |
| 1 Yr | 12.2% | -4.3% | 140.6% | 34.35% |
| 3 Yr | 0.9%* | -8.3% | 18.3% | 37.82% |
| 5 Yr | 3.0%* | -5.0% | 17.3% | 28.81% |
| 10 Yr | 4.9%* | -4.6% | 13.2% | 31.37% |
* Annualized
Return Ranking - Calendar
| Period | XBXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.9% | -34.1% | 904.0% | 67.12% |
| 2022 | -17.8% | -28.6% | 438.4% | 68.79% |
| 2021 | 11.2% | -93.5% | 8.2% | 64.83% |
| 2020 | 0.6% | -38.9% | 19.8% | 55.04% |
| 2019 | 8.4% | -10.9% | 12.8% | 56.31% |
Total Return Ranking - Trailing
| Period | XBXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.1% | -2.7% | 244.0% | 37.55% |
| 1 Yr | 12.2% | -4.3% | 140.6% | 32.61% |
| 3 Yr | 0.9%* | -8.3% | 18.3% | 35.26% |
| 5 Yr | 3.0%* | -5.4% | 17.3% | 28.81% |
| 10 Yr | 4.9%* | -4.6% | 13.2% | 29.41% |
* Annualized
Total Return Ranking - Calendar
| Period | XBXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.9% | -34.1% | 904.0% | 67.12% |
| 2022 | -17.8% | -5.9% | 438.4% | 69.36% |
| 2021 | 11.2% | -81.2% | 8.2% | 75.86% |
| 2020 | 0.6% | -29.0% | 19.8% | 72.09% |
| 2019 | 12.3% | -10.9% | 12.8% | 71.84% |
NAV & Total Return History
XBXMX - Holdings
Concentration Analysis
| XBXMX | Category Low | Category High | XBXMX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.42 B | 25 | 17.4 B | 5.24% |
| Number of Holdings | 267 | 2 | 508 | 12.60% |
| Net Assets in Top 10 | 471 M | -6.66 M | 5.12 B | 8.78% |
| Weighting of Top 10 | 31.02% | 11.3% | 100.0% | 82.67% |
Top 10 Holdings
- Apple Inc 6.94%
- Microsoft Corp 6.09%
- Amazon.com Inc 3.64%
- Fixed Income Clearing Corp 3.51%
- Fixed Income Clearing Corp 3.51%
- Fixed Income Clearing Corp 3.51%
- Fixed Income Clearing Corp 3.51%
- Fixed Income Clearing Corp 3.51%
- Fixed Income Clearing Corp 3.51%
- Fixed Income Clearing Corp 3.51%
Asset Allocation
| Weighting | Return Low | Return High | XBXMX % Rank | |
|---|---|---|---|---|
| Stocks | 96.86% | -3.92% | 100.76% | 58.40% |
| Bonds | 3.14% | 0.00% | 97.96% | 85.50% |
| Preferred Stocks | 0.00% | 0.00% | 3.08% | 83.97% |
| Other | 0.00% | 0.00% | 45.92% | 86.64% |
| Convertible Bonds | 0.00% | 0.00% | 20.91% | 85.50% |
| Cash | 0.00% | -0.76% | 100.29% | 33.97% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XBXMX % Rank | |
|---|---|---|---|---|
| Technology | 25.35% | 0.00% | 44.43% | 66.39% |
| Financial Services | 14.28% | 0.00% | 29.60% | 27.73% |
| Healthcare | 13.30% | 0.00% | 25.91% | 33.61% |
| Consumer Cyclical | 11.82% | 0.00% | 19.02% | 33.19% |
| Communication Services | 9.42% | 0.00% | 21.22% | 17.23% |
| Industrials | 8.70% | 1.41% | 43.91% | 24.37% |
| Consumer Defense | 6.38% | 0.00% | 22.87% | 71.01% |
| Energy | 3.66% | 0.00% | 69.54% | 29.41% |
| Real Estate | 2.69% | 0.00% | 9.74% | 55.88% |
| Utilities | 2.22% | 0.00% | 13.35% | 87.82% |
| Basic Materials | 2.17% | 0.00% | 60.58% | 76.05% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XBXMX % Rank | |
|---|---|---|---|---|
| US | 95.22% | -3.89% | 100.00% | 49.24% |
| Non US | 1.64% | -2.17% | 99.33% | 34.35% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XBXMX % Rank | |
|---|---|---|---|---|
| Corporate | 100.00% | 0.00% | 91.57% | 85.50% |
| Derivative | 0.00% | 0.00% | 0.13% | 85.88% |
| Cash & Equivalents | 0.00% | 0.09% | 100.00% | 61.07% |
| Securitized | 0.00% | 0.00% | 22.63% | 83.97% |
| Municipal | 0.00% | 0.00% | 97.57% | 83.97% |
| Government | 0.00% | 0.00% | 99.91% | 85.11% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XBXMX % Rank | |
|---|---|---|---|---|
| US | 3.14% | 0.00% | 97.96% | 85.88% |
| Non US | 0.00% | 0.00% | 16.94% | 84.73% |
XBXMX - Expenses
Operational Fees
| XBXMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.89% | 0.20% | 6.78% | 62.55% |
| Management Fee | 0.70% | 0.20% | 1.75% | 68.66% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.02% | 0.28% | N/A |
Sales Fees
| XBXMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| XBXMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XBXMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 7.00% | 0.00% | 456.80% | 54.02% |
XBXMX - Distributions
Dividend Yield Analysis
| XBXMX | Category Low | Category High | XBXMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.76% | 86.62% |
Dividend Distribution Analysis
| XBXMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
| XBXMX | Category Low | Category High | XBXMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.31% | -2.54% | 14.24% | 25.00% |
Capital Gain Distribution Analysis
| XBXMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 13, 2019 | $0.233 | OrdinaryDividend |
| Mar 14, 2019 | $0.233 | OrdinaryDividend |
| Dec 13, 2018 | $0.245 | OrdinaryDividend |
| Sep 13, 2018 | $0.245 | OrdinaryDividend |
| Jun 14, 2018 | $0.245 | OrdinaryDividend |
| Mar 14, 2018 | $0.245 | OrdinaryDividend |
| Dec 14, 2017 | $0.229 | OrdinaryDividend |
| Sep 14, 2017 | $0.229 | OrdinaryDividend |
| Jun 13, 2017 | $0.229 | OrdinaryDividend |
| Mar 13, 2017 | $0.229 | OrdinaryDividend |
| Dec 13, 2016 | $0.229 | OrdinaryDividend |
| Sep 13, 2016 | $0.229 | OrdinaryDividend |
| Jun 13, 2016 | $0.238 | OrdinaryDividend |
| Mar 11, 2016 | $0.238 | OrdinaryDividend |
| Dec 11, 2015 | $0.249 | OrdinaryDividend |
| Sep 11, 2015 | $0.249 | OrdinaryDividend |
| Jun 11, 2015 | $0.249 | OrdinaryDividend |
| Mar 11, 2015 | $0.249 | OrdinaryDividend |
| Dec 10, 2014 | $0.249 | OrdinaryDividend |
| Sep 11, 2014 | $0.249 | OrdinaryDividend |
| Jun 11, 2014 | $0.249 | OrdinaryDividend |
| Mar 12, 2014 | $0.249 | OrdinaryDividend |
| Dec 11, 2013 | $0.271 | OrdinaryDividend |
| Sep 11, 2013 | $0.271 | OrdinaryDividend |
| Jun 12, 2013 | $0.271 | OrdinaryDividend |
| Mar 13, 2013 | $0.271 | OrdinaryDividend |
| Dec 12, 2012 | $0.271 | OrdinaryDividend |
| Sep 12, 2012 | $0.271 | OrdinaryDividend |
| Jun 13, 2012 | $0.271 | OrdinaryDividend |
| Mar 13, 2012 | $0.271 | OrdinaryDividend |
| Dec 13, 2011 | $0.271 | OrdinaryDividend |
| Sep 13, 2011 | $0.285 | OrdinaryDividend |
| Jun 13, 2011 | $0.303 | OrdinaryDividend |
| Mar 11, 2011 | $0.303 | OrdinaryDividend |
| Dec 13, 2010 | $0.303 | OrdinaryDividend |
| Sep 13, 2010 | $0.303 | OrdinaryDividend |
| Jun 11, 2010 | $0.320 | OrdinaryDividend |
| Mar 11, 2010 | $0.320 | OrdinaryDividend |
| Dec 11, 2009 | $0.320 | OrdinaryDividend |
| Sep 11, 2009 | $0.320 | OrdinaryDividend |
| Jun 11, 2009 | $0.320 | OrdinaryDividend |
| Mar 11, 2009 | $0.330 | OrdinaryDividend |
| Dec 11, 2008 | $0.330 | OrdinaryDividend |
| Sep 11, 2008 | $0.400 | OrdinaryDividend |
| Jun 11, 2008 | $0.400 | OrdinaryDividend |
| Mar 12, 2008 | $0.400 | OrdinaryDividend |
| Dec 12, 2007 | $0.426 | OrdinaryDividend |
| Sep 12, 2007 | $0.426 | OrdinaryDividend |
| Jun 13, 2007 | $0.426 | OrdinaryDividend |
| Mar 13, 2007 | $0.142 | OrdinaryDividend |
| Feb 13, 2007 | $0.142 | OrdinaryDividend |
| Jan 10, 2007 | $0.142 | OrdinaryDividend |
| Dec 13, 2006 | $0.142 | OrdinaryDividend |
| Nov 13, 2006 | $0.142 | OrdinaryDividend |
| Oct 11, 2006 | $0.142 | OrdinaryDividend |
| Sep 13, 2006 | $0.142 | OrdinaryDividend |
| Aug 11, 2006 | $0.142 | OrdinaryDividend |
| Jul 12, 2006 | $0.142 | OrdinaryDividend |
| Jun 13, 2006 | $0.142 | OrdinaryDividend |
| May 11, 2006 | $0.142 | OrdinaryDividend |
| Apr 11, 2006 | $0.142 | OrdinaryDividend |
| Mar 13, 2006 | $0.142 | OrdinaryDividend |
| Feb 13, 2006 | $0.142 | OrdinaryDividend |
| Jan 11, 2006 | $0.142 | OrdinaryDividend |
| Dec 13, 2005 | $0.142 | OrdinaryDividend |
| Nov 10, 2005 | $0.142 | OrdinaryDividend |
| Oct 12, 2005 | $0.142 | OrdinaryDividend |
| Sep 13, 2005 | $0.142 | OrdinaryDividend |
| Aug 11, 2005 | $0.142 | OrdinaryDividend |
| Jul 13, 2005 | $0.142 | OrdinaryDividend |
| Jun 13, 2005 | $0.142 | OrdinaryDividend |
| May 11, 2005 | $0.142 | OrdinaryDividend |
| Apr 13, 2005 | $0.142 | OrdinaryDividend |
| Mar 11, 2005 | $0.142 | OrdinaryDividend |
| Feb 11, 2005 | $0.142 | OrdinaryDividend |
| Jan 12, 2005 | $0.142 | OrdinaryDividend |
| Dec 15, 2004 | $0.142 | OrdinaryDividend |
XBXMX - Fund Manager Analysis
Managers
Michael Buckius
Start Date
Tenure
Tenure Rank
Feb 21, 2013
9.28
9.3%
Michael Buckius joined Gateway Investment Advisers, LLC in 1999 and is currently the firm’s Chief Investment Officer, Senior Vice President and a member of the Board of Managers. Mr. Buckius also serves as a co-portfolio manager for several mutual funds advised or sub-advised by the firm, in addition to the firm’s separate account strategies. As Chief Investment Officer, Mr. Buckius oversees the firm’s investment management and trading functions, as well as product development and servicing individual client relationships.
Kenneth Toft
Start Date
Tenure
Tenure Rank
Feb 21, 2013
9.28
9.3%
Kenneth Toft joined Gateway Investment Advisers, LLC in 1992 and is currently a Senior Vice President and serves as a co-portfolio manager for several mutual funds advised or sub-advised by the firm, in addition to the firm’s separate account strategies. Mr. Toft is responsible for managing portfolios using hedging strategies for growth-oriented, high-volatility indexes as well as trading and servicing individual client relationships. Prior to joining Gateway, Mr. Toft served as a registered representative for Fidelity Investments.
Daniel Ashcraft
Start Date
Tenure
Tenure Rank
Feb 29, 2016
6.25
6.3%
Daniel Ashcraft joined Gateway Investment Advisers, LLC in 2009 and is a co-portfolio manager for several mutual funds advised or sub-advised by the firm, in addition to the firm’s separate account strategies. In this role, Mr. Ashcraft is involved in trading and analysis as well as implementation of the firm’s equity multi-factor model. Mr. Ashcraft earned his BS from Miami University, Ohio, and is a CFA® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 19.77 | 3.61 | 5.67 |
