SPXX (Nuveen S&P 500 Dynamic Overwrite Fund) Net Margin %: 99.55% (As of Dec. 2025) — Near Median


SPXX Nuveen S&P 500 Dynamic Overwrite Fund SPXX
57 GF Score
Price $17.99
GF Value $15.28
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nuveen S&P 500 Dynamic Overwrite Fund Net Margin %?

Nuveen S&P 500 Dynamic Overwrite Fund SPXX +0.17% 57 Net Margin % is 99.55% as of Dec. 2025, which is 0% above its 10-year median of 99.35. GuruFocus rates SPXX with a GF Scoreâ„¢ of 57/100 and a GF Valueâ„¢ of $15.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,576 Asset Management companies, Nuveen S&P 500 Dynamic Overwrite Fund ranks better than 76.46% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Nuveen S&P 500 Dynamic Overwrite Fund's Net Income for the six months ended in Dec. 2025 was $36.43 Mil. Nuveen S&P 500 Dynamic Overwrite Fund's Revenue for the six months ended in Dec. 2025 was $36.60 Mil. Therefore, Nuveen S&P 500 Dynamic Overwrite Fund's net margin for the quarter that ended in Dec. 2025 was 99.55%.

The historical rank and industry rank for Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin % or its related term are showing as below:

SPXX' s Net Margin % Range Over the Past 10 Years
Min: 98.25   Med: 99.35   Max: 101.48
Current: 98.75


SPXX's Net Margin % is ranked better than
76.46% of 1576 companies
in the Asset Management industry
Industry Median: 84.895 vs SPXX: 98.75

Nuveen S&P 500 Dynamic Overwrite Fund  (NYSE:SPXX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nuveen S&P 500 Dynamic Overwrite Fund Net Margin % Related Terms


Nuveen S&P 500 Dynamic Overwrite Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin % 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 S&P 500 Dynamic Overwrite Fund Net Margin % Chart

Nuveen S&P 500 Dynamic Overwrite Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only 99.58 100.64 99.27 99.50 98.75

Nuveen S&P 500 Dynamic Overwrite Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % 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 98.56 99.55 99.45 91.56 99.55

SPXX vs NXG, ZTR, PPT: Net Margin % Comparison

For the Asset Management subindustry, Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 S&P 500 Dynamic Overwrite Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin % falls into.


SPXX
57GF Score
Nuveen S&P 500 Dynamic Overwrite Fund SPXX
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen S&P 500 Dynamic Overwrite Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=40.187/40.696
=98.75 %

Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=36.431/36.595
=99.55 %

* 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 Net Margin % →
What does a Net Margin % of 99.55% mean?
Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) has a Net Margin % of 99.55% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Nuveen S&P 500 Dynamic Overwrite Fund and its competitors. This is near median its historical median of 99.35. Over the past decade, Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin % has ranged from 98.25 to 101.48. According to the industry distribution chart, Nuveen S&P 500 Dynamic Overwrite Fund ranks #371 out of 1576 companies in the Asset Management industry, placing it in the top 23.5%.
Is Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin % too high?
Nuveen S&P 500 Dynamic Overwrite Fund's current Net Margin % of 99.55% is near median its 10-year median of 99.35. Over the past 10 years, this metric has ranged from a low of 98.25 to a high of 101.48. The Asset Management industry median Net Margin % is 84.90. Nuveen S&P 500 Dynamic Overwrite Fund's value of 99.55% is 17.3% above this industry median. Based on the distribution chart, Nuveen S&P 500 Dynamic Overwrite Fund ranks #371 out of 1576 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen S&P 500 Dynamic Overwrite Fund has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen S&P 500 Dynamic Overwrite Fund's Net Margin % compare to NXG and ZTR?
According to the Asset Management industry distribution chart, Nuveen S&P 500 Dynamic Overwrite Fund ranks #371 out of 1576 companies for Net Margin %. This places Nuveen S&P 500 Dynamic Overwrite Fund in the top 24% of its industry — outperforming the majority of peers. The industry median Net Margin % is 84.90. Nuveen S&P 500 Dynamic Overwrite Fund's value of 99.55% is 17.3% above this benchmark. Historically, Nuveen S&P 500 Dynamic Overwrite Fund's own Net Margin % has ranged from 98.25 to 101.48 over the past decade. While the company's 10-year median is 99.35 vs. the industry median of 84.90, Nuveen S&P 500 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 Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen S&P 500 Dynamic Overwrite Fund's current Net Margin % of 99.55% is 17.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Nuveen S&P 500 Dynamic Overwrite Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen S&P 500 Dynamic Overwrite Fund's current Net Margin % is 99.55%, which is near median its own 10-year median of 99.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen S&P 500 Dynamic Overwrite Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.28, compared to a current price of $17.99 — trading 17.7% above its estimated fair value. The current Net Margin % is 99.55%, which is near median its 10-year median of 99.35 and 17.3% above the Asset Management industry median of 84.90. Nuveen S&P 500 Dynamic Overwrite Fund's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Nuveen S&P 500 Dynamic Overwrite Fund (SPXX), the current Net Margin % is 99.55% 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 S&P 500 Dynamic Overwrite Fund (SPXX) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen S&P 500 Dynamic Overwrite Fund stock appears to be overvalued. The current stock price of $17.99 is trading 17.7% above its estimated GF Value™ of $15.28. GuruFocus considers Nuveen S&P 500 Dynamic Overwrite Fund to be Modestly Overvalued.

Key valuation signals for SPXX:

  • Net Margin %: 99.55% (near median its 10-year median of 99.35)
  • GF Value™: $15.28 vs. price of $17.99 (17.7% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 17.3% above the Asset Management median (#371 of 1576)

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


Nuveen S&P 500 Dynamic Overwrite Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen S&P 500 Dynamic Overwrite Fund is a diversified closed-end management investment company. Its investment objective is to seek attractive total returns with less volatility than the S&P 500 Index by investing in a U.S. equity portfolio that seeks to substantially replicate the price movements of the S&P 500 Index, as well as selling call options on approximately 35% to 75% of the notional value of the Fund's equity portfolio in an effort to enhance the Fund's risk-adjusted returns.
57GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.99
Price
$15.28
GF Value