DIAX (Nuveen Dow 30sm Dynamic Overwrite Fund) Equity-to-Asset: 0.99 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DIAX Nuveen Dow 30sm Dynamic Overwrite Fund DIAX
38 GF Score
Price $15.93
GF Value $17.12
! 4 Warning Signs
View Full Analysis

What is Nuveen Dow 30sm Dynamic Overwrite Fund Equity-to-Asset?

Nuveen Dow 30sm Dynamic Overwrite Fund DIAX 38 Equity-to-Asset is 0.99 as of Dec. 2025, which is at its 10-year median of 0.99. GuruFocus rates DIAX with a GF Score™ of 38/100 and a GF Value™ of $17.12. The stock has 4 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nuveen Dow 30sm Dynamic Overwrite Fund's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $617.03 Mil. Nuveen Dow 30sm Dynamic Overwrite Fund's Total Assets for the quarter that ended in Dec. 2025 was $621.88 Mil. Therefore, Nuveen Dow 30sm Dynamic Overwrite Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.99.

The historical rank and industry rank for Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset or its related term are showing as below:

DIAX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98   Med: 0.99   Max: 1
Current: 0.99

During the past 9 years, the highest Equity to Asset Ratio of Nuveen Dow 30sm Dynamic Overwrite Fund was 1.00. The lowest was 0.98. And the median was 0.99.

DIAX's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs DIAX: 0.99

Nuveen Dow 30sm Dynamic Overwrite Fund  (NYSE:DIAX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Nuveen Dow 30sm Dynamic Overwrite Fund Equity-to-Asset Related Terms


Nuveen Dow 30sm Dynamic Overwrite Fund Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Dow 30sm Dynamic Overwrite Fund Equity-to-Asset Chart

Nuveen Dow 30sm Dynamic Overwrite Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.98 0.99 0.99 1.00 0.99

Nuveen Dow 30sm Dynamic Overwrite Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.98 1.00 0.96 0.99

DIAX vs INV, NMCO, NML: Equity-to-Asset Comparison

For the Asset Management subindustry, Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Dow 30sm Dynamic Overwrite Fund Equity-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset falls into.


DIAX
38GF Score
Nuveen Dow 30sm Dynamic Overwrite Fund DIAX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Dow 30sm Dynamic Overwrite Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nuveen Dow 30sm Dynamic Overwrite Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=617.029/621.879
=0.99

Nuveen Dow 30sm Dynamic Overwrite Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=617.029/621.879
=0.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.99 mean?
Nuveen Dow 30sm Dynamic Overwrite Fund (DIAX) has a Equity-to-Asset of 0.99 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nuveen Dow 30sm Dynamic Overwrite Fund and its competitors. This is near median its historical median of 0.99. Over the past decade, Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset has ranged from 0.98 to 1.00.
Is Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset too high?
Nuveen Dow 30sm Dynamic Overwrite Fund's current Equity-to-Asset of 0.99 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.00. The Asset Management industry median Equity-to-Asset is 0.83. Nuveen Dow 30sm Dynamic Overwrite Fund's value of 0.99 is 19.3% above this industry median. Overall, Nuveen Dow 30sm Dynamic Overwrite Fund has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset compare to INV and NMCO?
Nuveen Dow 30sm Dynamic Overwrite Fund's Equity-to-Asset of 0.99 can be compared against companies in the Asset Management industry. The industry median Equity-to-Asset is 0.83. Nuveen Dow 30sm Dynamic Overwrite Fund's value of 0.99 is 19.3% above this benchmark. Historically, Nuveen Dow 30sm Dynamic Overwrite Fund's own Equity-to-Asset has ranged from 0.98 to 1.00 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.83, Nuveen Dow 30sm Dynamic Overwrite Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,627 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Dow 30sm Dynamic Overwrite Fund's current Equity-to-Asset of 0.99 is 19.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nuveen Dow 30sm Dynamic Overwrite Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Dow 30sm Dynamic Overwrite Fund's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Dow 30sm Dynamic Overwrite Fund stock overvalued right now?
Nuveen Dow 30sm Dynamic Overwrite Fund (DIAX) has a current Equity-to-Asset of 0.99. The stock's GF Value™ is $17.12, compared to a current price of $15.93 — trading 7% below its estimated fair value. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 0.99 and 19.3% above the Asset Management industry median of 0.83. Nuveen Dow 30sm Dynamic Overwrite Fund's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nuveen Dow 30sm Dynamic Overwrite Fund (DIAX), the current Equity-to-Asset is 0.99 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nuveen Dow 30sm Dynamic Overwrite Fund (DIAX) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Dow 30sm Dynamic Overwrite Fund stock appears to be undervalued. The current stock price of $15.93 is trading 7% below its estimated GF Value™ of $17.12.

Key valuation signals for DIAX:

  • Equity-to-Asset: 0.99 (near median its 10-year median of 0.99)
  • GF Value™: $17.12 vs. price of $15.93 (7% below fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 19.3% above the Asset Management median

No single metric tells the full story. See the DIAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Dow 30sm Dynamic Overwrite Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Dow 30sm Dynamic Overwrite Fund is a non-diversified closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the S&P 500 Index.
38GF Score

Get the complete analysis for DIAX

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.93
Price
$17.12
GF Value