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Nuveen S&P 500 Buy-Write Income Fund (BXMX)

Specialty Equity Funds - Covered Call Funds

Data as of Sept. 20, 2023
Market Price $12.74 (+ $0.04)
NAV (Sept. 20, 2023) $13.65 (- $0.08)
Fund Listed NYSE
Premium / Discount -6.67% (+0.84%)
Fund Info
Inception Oct. 26, 2004
Sponsor Nuveen Fund Advisors
Phone 800-257-8787
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
Objective: Attractive total return with less volatility than the S&P 500 Index.
Related Indexes
US Equity Index
Equity Income Index
60/40 Balanced (w/ BDCs) Index
Covered Call / Option Funds Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 104,165,286
Total Assets (Reported: July 30, 2023) $1,457M
Estimated Total Assets $1,422M
Net Assets $1,422M
Market Cap $1,327M
Portfolio Turnover 6.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 0.91%
Non Lev Exp Ratio 0.91%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -2.92%
Discount Low(3 Yr) -14.61%
Discount High(3 Yr) 6.30%
Discount Rel Range (3 Yr) 37.99%
Comp Discount 0.44
Discount St Dev (1Yr) 2.83
Z-Stat (6mo) -1.99
Z-Stat (1Yr) -2.15
Z-Stat (3Yr) -0.95
Comp Z-Stat (6mo) -0.83
Comp Z-Stat (3Yr) 0.15
Distribution Data
Market Yield 7.43%
Income Yield 0.87%
Lev Adj NAV Yield 6.93%
Distribution Frequency Q
Current Distribution $0.237
Current Income $0.028
Ex-Date 9/14/23
Payable Date 10/2/23
Div Growth (3yr) 10.00%
Dividend Change 10.0% on 3/1/22
Expected Div 12/1/23
RoC (1yr) 0.00%
RoC (3yr) 20.60%
Tax Dividend Data 2022 2020 - 2022
Income 37.6% 20.0%
ST Gains 0% 0%
QDI 21.7% 17.2%
LT Gains 62.4% 36.6%
RoC 0% 43.4%
Volume & Liquidity
Average Daily $ (K) $1,832
Avg Volume 30 day 128,510
Avg Volume 90 day 143,763
Volume Trend -10.61%
Comp Volume Trend -8.44%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Covered Call / Option Funds Index
Most Correlated Peer (Mk Pr): EOS 89.0%
NAV - Price Correlation (30 d) 83.9%
NAV - Price Correlation (90 d) 36.7%
NAV - Price Correlation (1 Yr) 70.9%
Price St Dev (1Yr) 15.5%
NAV St Dev (1Yr) 11.1%
Earnings / Share (12/31/22) $0.027
Earn Coverage 11.42%
Earnings Trend Up
UNII / Share (6/30/23) $-0.429
Rel UNII -385.88
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Covered Call / Option Funds Index

DISCLOSURES: makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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