Nuveen Sp 500 Etf Profile

BXMX Etf  USD 13.23  0.12  0.92%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 33

 
100  
 
Zero
Below Average
Nuveen SP is trading at 13.23 as of the 29th of March 2024; that is 0.92 percent increase since the beginning of the trading day. The etf's open price was 13.11. Nuveen SP has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Nuveen SP 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Nuveen SP 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc. Nuveen Equity is traded on New York Stock Exchange in the United States. The company has 104.09 M outstanding shares of which 356 K shares are currently shorted by private and institutional investors with about 1.74 trading days to cover. More on Nuveen SP 500

Moving together with Nuveen Etf

  0.92JPST JPMorgan Ultra-Short Sell-off TrendPairCorr
  0.87EMC Global X FundsPairCorr
  0.95VTI Vanguard Total StockPairCorr
  0.88VO Vanguard Mid-Cap IndexPairCorr
  0.95IVV IShares Core SPPairCorr

Moving against Nuveen Etf

  0.92FNGD MicroSectors FANG IndexPairCorr
  0.86HHH Howard Hughes Symbol ChangePairCorr

Nuveen Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nuveen SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen SP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanTerence Toth
Business ConcentrationOptions Trading, Asset Management, Financial Services (View all Sectors)
Update Date31st of March 2024
Nav14.62
Prev Close Price13.12
Country NameUSA
CodeBXMX
I S I NUS6706ER1015
NameNuveen SP 500 Buy-Write Income Fund
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG000Q90NL7
TypeFUND
Expense Ratio0.89
Nuveen SP 500 [BXMX] is traded in USA and was established 2004-10-26. The fund is not filed under any group at this time. Nuveen SP 500 currently have in assets under management (AUM). The fund is currently generating year-to-date return of 6.59% with the current yeild of 0.01%, while the total return for the last 3 years was 8.02%.
Check Nuveen SP Probability Of Bankruptcy

Nuveen SP Target Price Odds Analysis

Based on a normal probability distribution, the odds of Nuveen SP jumping above the current price in 90 days from now is under 4%. The Nuveen SP 500 probability density function shows the probability of Nuveen SP etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nuveen SP has a beta of 0.6571 suggesting as returns on the market go up, Nuveen SP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen SP 500 will be expected to be much smaller as well. Additionally, nuveen SP 500 has an alpha of 0.0037, implying that it can generate a 0.003703 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 13.23HorizonTargetOdds Above 13.23
96.77%90 days
 13.23 
3.12%
Based on a normal probability distribution, the odds of Nuveen SP to move above the current price in 90 days from now is under 4 (This Nuveen SP 500 probability density function shows the probability of Nuveen Etf to fall within a particular range of prices over 90 days) .

Nuveen SP Top Holders

ALTYGlobal X AlternativeEtfAggressive Allocation
PCEFInvesco CEF IncomeEtfGlobal Allocation
HIPSGraniteShares HIPS USEtfAggressive Allocation
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Nuveen SP 500 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen SP market risk premium is the additional return an investor will receive from holding Nuveen SP long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen SP's alpha and beta are two of the key measurements used to evaluate Nuveen SP's performance over the market, the standard measures of volatility play an important role as well.

Nuveen SP Against Markets

Picking the right benchmark for Nuveen SP etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen SP etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen SP is critical whether you are bullish or bearish towards Nuveen SP 500 at a given time. Please also check how Nuveen SP's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nuveen SP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Nuveen Etf?

Before investing in Nuveen SP, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nuveen SP. To buy Nuveen SP etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen SP. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nuveen SP etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nuveen SP 500 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nuveen SP 500 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Nuveen SP 500, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Nuveen SP 500?

The danger of trading Nuveen SP 500 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen SP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen SP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen SP 500 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuveen SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Nuveen SP's price analysis, check to measure Nuveen SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen SP is operating at the current time. Most of Nuveen SP's value examination focuses on studying past and present price action to predict the probability of Nuveen SP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen SP's price. Additionally, you may evaluate how the addition of Nuveen SP to your portfolios can decrease your overall portfolio volatility.
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The market value of Nuveen SP 500 is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen SP's value that differs from its market value or its book value, called intrinsic value, which is Nuveen SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen SP's market value can be influenced by many factors that don't directly affect Nuveen SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.