BXMX (Nuveen S&P 500 Buy-Writeome Fund) Return-on-Tangible-Equity: 21.04% (As of Dec. 2025) — 64% Above Median


BXMX Nuveen S&P 500 Buy-Write Income Fund BXMX
34 GF Score
Price $15.03
GF Value $12.90
! 6 Warning Signs
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What is Nuveen S&P 500 Buy-Writeome Fund Return-on-Tangible-Equity?

Nuveen S&P 500 Buy-Writeome Fund BXMX 34 Return-on-Tangible-Equity is 21.04% as of Dec. 2025, which is 64% above its 10-year median of 12.83. GuruFocus rates BXMX with a GF Score™ of 34/100 and a GF Value™ of $12.90. The stock has 6 warning signs investors should review.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Nuveen S&P 500 Buy-Writeome Fund's annualized net income for the quarter that ended in Dec. 2025 was $340.7 Mil. Nuveen S&P 500 Buy-Writeome Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,619.6 Mil. Therefore, Nuveen S&P 500 Buy-Writeome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 21.04%.

The historical rank and industry rank for Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity or its related term are showing as below:

BXMX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.68   Med: 12.83   Max: 30.12
Current: 13.01

During the past 9 years, Nuveen S&P 500 Buy-Writeome Fund's highest Return-on-Tangible-Equity was 30.12%. The lowest was -12.68%. And the median was 12.83%.

BXMX's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.19 vs BXMX: 13.01

Nuveen S&P 500 Buy-Writeome Fund  (NYSE:BXMX) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Nuveen S&P 500 Buy-Writeome Fund Return-on-Tangible-Equity Related Terms


Nuveen S&P 500 Buy-Writeome Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity 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 Buy-Writeome Fund Return-on-Tangible-Equity Chart

Nuveen S&P 500 Buy-Writeome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 16.49 -12.68 30.12 24.64 12.83

Nuveen S&P 500 Buy-Writeome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity 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 15.82 30.42 11.69 4.91 21.04

BXMX vs CET, GAM, ECAT: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Buy-Writeome Fund Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity falls into.


BXMX
34GF Score
Nuveen S&P 500 Buy-Write Income Fund BXMX
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen S&P 500 Buy-Writeome Fund Return-on-Tangible-Equity Calculation

Nuveen S&P 500 Buy-Writeome Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=208.965/( (1580.964+1676.389 )/ 2 )
=208.965/1628.6765
=12.83 %

Nuveen S&P 500 Buy-Writeome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=340.72/( (1562.798+1676.389)/ 2 )
=340.72/1619.5935
=21.04 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 21.04% mean?
Nuveen S&P 500 Buy-Writeome Fund (BXMX) has a Return-on-Tangible-Equity of 21.04% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nuveen S&P 500 Buy-Writeome Fund and its competitors. This is 64% above median its historical median of 12.83.
Is Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity too high?
Nuveen S&P 500 Buy-Writeome Fund's current Return-on-Tangible-Equity of 21.04% is 64% above median its 10-year median of 12.83. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Nuveen S&P 500 Buy-Writeome Fund's value of 21.04% is 192.6% above this industry median. Overall, Nuveen S&P 500 Buy-Writeome Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity compare to CET and GAM?
Nuveen S&P 500 Buy-Writeome Fund's Return-on-Tangible-Equity of 21.04% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.19. Nuveen S&P 500 Buy-Writeome Fund's value of 21.04% is 192.6% above this benchmark. While the company's 10-year median is 12.83 vs. the industry median of 7.19, Nuveen S&P 500 Buy-Writeome 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen S&P 500 Buy-Writeome Fund's current Return-on-Tangible-Equity of 21.04% is 192.6% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nuveen S&P 500 Buy-Writeome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen S&P 500 Buy-Writeome Fund's current Return-on-Tangible-Equity is 21.04%, which is 64% above median its own 10-year median of 12.83. 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 Buy-Writeome Fund stock overvalued right now?
Nuveen S&P 500 Buy-Writeome Fund (BXMX) has a current Return-on-Tangible-Equity of 21.04%. The stock's GF Value™ is $12.90, compared to a current price of $15.03 — trading 16.5% above its estimated fair value. The current Return-on-Tangible-Equity is 21.04%, which is 64% above median its 10-year median of 12.83 and 192.6% above the Asset Management industry median of 7.19. Nuveen S&P 500 Buy-Writeome Fund's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Nuveen S&P 500 Buy-Writeome Fund (BXMX), the current Return-on-Tangible-Equity is 21.04% 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 Buy-Writeome Fund (BXMX) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen S&P 500 Buy-Writeome Fund stock appears to be overvalued. The current stock price of $15.03 is trading 16.5% above its estimated GF Value™ of $12.90.

Key valuation signals for BXMX:

  • Return-on-Tangible-Equity: 21.04% (64% above median its 10-year median of 12.83)
  • GF Value™: $12.90 vs. price of $15.03 (16.5% above fair value)
  • GF Score™: 34/100 with 6 warning signs
  • Industry Position: 192.6% above the Asset Management median

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


Nuveen S&P 500 Buy-Writeome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen S&P 500 Buy-Write Income Fund is a diversified closed-ended management investment company based in the United States. Its investment objective is to seek attractive total returns with less volatility. The fund invests its managed assets in a diversified equity portfolio that seeks to substantially replicate price movements of the S&P 500 Index. It also uses an index options of writing index call options in seeking to moderate the volatility of returns relative to an all-equity portfolio. Its revenue is generated mainly from interest and dividend income.
34GF Score

Get the complete analysis for BXMX

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

$15.03
Price
$12.90
GF Value