DIAX (Nuveen Dow 30sm Dynamic Overwrite Fund) Shares Outstanding (Basic Average): 35.13 Mil (As of Dec. 2025)


DIAX Nuveen Dow 30sm Dynamic Overwrite Fund DIAX
38 GF Score
Price $15.93
GF Value $17.12
! 6 Warning Signs
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What is Nuveen Dow 30sm Dynamic Overwrite Fund Shares Outstanding (Basic Average)?

Nuveen Dow 30sm Dynamic Overwrite Fund DIAX 38 Shares Outstanding (Basic Average) is 35.13 Mil as of Dec. 2025. GuruFocus rates DIAX with a GF Score™ of 38/100 and a GF Value™ of $17.12. The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nuveen Dow 30sm Dynamic Overwrite Fund's average basic shares outstanding for the quarter that ended in Dec. 2025 was 35.13 Mil.


Nuveen Dow 30sm Dynamic Overwrite Fund  (NYSE:DIAX) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Nuveen Dow 30sm Dynamic Overwrite Fund Shares Outstanding (Basic Average) Related Terms


Nuveen Dow 30sm Dynamic Overwrite Fund Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Nuveen Dow 30sm Dynamic Overwrite Fund's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Nuveen Dow 30sm Dynamic Overwrite Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 36.30 36.40 36.18 36.60 36.27

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
Shares Outstanding (Basic Average) 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 35.22 37.51 35.69 37.40 35.13
DIAX
38GF Score
Nuveen Dow 30sm Dynamic Overwrite Fund DIAX
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Dow 30sm Dynamic Overwrite Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 35.13 Mil mean?
Nuveen Dow 30sm Dynamic Overwrite Fund (DIAX) has a Shares Outstanding (Basic Average) of 35.13 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nuveen Dow 30sm Dynamic Overwrite Fund and its competitors.
Is Nuveen Dow 30sm Dynamic Overwrite Fund's Shares Outstanding (Basic Average) too high?
Nuveen Dow 30sm Dynamic Overwrite Fund's current Shares Outstanding (Basic Average) is 35.13 Mil. 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 Shares Outstanding (Basic Average) compare to INV and NMCO?
Nuveen Dow 30sm Dynamic Overwrite Fund's Shares Outstanding (Basic Average) of 35.13 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nuveen Dow 30sm Dynamic Overwrite Fund and its competitors. Nuveen Dow 30sm Dynamic Overwrite Fund's current Shares Outstanding (Basic Average) is 35.13 Mil. 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 Shares Outstanding (Basic Average) of 35.13 Mil. 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 Shares Outstanding (Basic Average) is 35.13 Mil. Nuveen Dow 30sm Dynamic Overwrite Fund's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Nuveen Dow 30sm Dynamic Overwrite Fund (DIAX), the current Shares Outstanding (Basic Average) is 35.13 Mil 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:

  • Shares Outstanding (Basic Average): 35.13 Mil
  • GF Value™: $17.12 vs. price of $15.93 (7% below fair value)
  • GF Score™: 38/100 with 6 warning signs

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

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.93
Price
$17.12
GF Value