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Nuveen S&P 500 Dynamic Overwrite Fund (Nuveen S&P 500 Dynamic Overwrite Fund) PEG Ratio : 4.24 (As of May. 28, 2024)


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What is Nuveen S&P 500 Dynamic Overwrite Fund PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Nuveen S&P 500 Dynamic Overwrite Fund's PE Ratio without NRI is 5.93. Nuveen S&P 500 Dynamic Overwrite Fund's 5-Year Book Value growth rate is 1.40%. Therefore, Nuveen S&P 500 Dynamic Overwrite Fund's PEG Ratio for today is 4.24.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


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

SPXX' s PEG Ratio Range Over the Past 10 Years
Min: 4.06   Med: 4.27   Max: 4.36
Current: 4.24


During the past 7 years, Nuveen S&P 500 Dynamic Overwrite Fund's highest PEG Ratio was 4.36. The lowest was 4.06. And the median was 4.27.


SPXX's PEG Ratio is ranked worse than
70.71% of 437 companies
in the Asset Management industry
Industry Median: 1.92 vs SPXX: 4.24

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Nuveen S&P 500 Dynamic Overwrite Fund PEG Ratio Historical Data

The historical data trend for Nuveen S&P 500 Dynamic Overwrite Fund's PEG Ratio 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.

* Premium members only.

Nuveen S&P 500 Dynamic Overwrite Fund PEG Ratio Chart

Nuveen S&P 500 Dynamic Overwrite Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial - - - - 4.14

Nuveen S&P 500 Dynamic Overwrite Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 4.14

Competitive Comparison of Nuveen S&P 500 Dynamic Overwrite Fund's PEG Ratio

For the Asset Management subindustry, Nuveen S&P 500 Dynamic Overwrite Fund's PEG Ratio, along with its competitors' market caps and PEG Ratio 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's PEG Ratio Distribution in the Asset Management Industry

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

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



Nuveen S&P 500 Dynamic Overwrite Fund PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Nuveen S&P 500 Dynamic Overwrite Fund's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=5.9348070438366/1.40
=4.24

* 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.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Nuveen S&P 500 Dynamic Overwrite Fund  (NYSE:SPXX) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Nuveen S&P 500 Dynamic Overwrite Fund PEG Ratio Related Terms

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Nuveen S&P 500 Dynamic Overwrite Fund (Nuveen S&P 500 Dynamic Overwrite Fund) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Philip James Campagna other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Darren Tran other: Portfolio Manager 333 W. WACKER, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lei Liao other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Jody I Hrazanek other: Portfolio Manager 230 PARK AVENUE, NEW YORK NY 10169

Nuveen S&P 500 Dynamic Overwrite Fund (Nuveen S&P 500 Dynamic Overwrite Fund) Headlines