BXMX (Nuveen S&P 500 Buy-Writeome Fund) Scaled Net Operating Assets: 1.04 (As of Dec. 2025)


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 Scaled Net Operating Assets?

Nuveen S&P 500 Buy-Writeome Fund BXMX 34 Scaled Net Operating Assets is 1.04 as of Dec. 2025. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen S&P 500 Buy-Writeome Fund's operating assets for the quarter that ended in Dec. 2025 was $1,723.1 Mil. Nuveen S&P 500 Buy-Writeome Fund's operating liabilities for the quarter that ended in Dec. 2025 was $21.8 Mil. Nuveen S&P 500 Buy-Writeome Fund's Total Assets for the quarter that ended in Jun. 2025 was $1,633.0 Mil. Therefore, Nuveen S&P 500 Buy-Writeome Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.04.

BXMX
34GF Score
Nuveen S&P 500 Buy-Write Income Fund BXMX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen S&P 500 Buy-Writeome Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen S&P 500 Buy-Writeome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1723.129-21.836)/1612.966
=1.05

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1723.13 - 0.001
=1723.129

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46.741 - 24.905 - 0
=21.836

Nuveen S&P 500 Buy-Writeome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(1723.129-21.836)/1633.015
=1.04

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1723.13 - 0.001
=1723.129

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46.741 - 24.905 - 0
=21.836

* 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.

What does a Scaled Net Operating Assets of 1.04 mean?
Nuveen S&P 500 Buy-Writeome Fund (BXMX) has a Scaled Net Operating Assets of 1.04 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen S&P 500 Buy-Writeome Fund and its competitors.
Is Nuveen S&P 500 Buy-Writeome Fund's Scaled Net Operating Assets too high?
Nuveen S&P 500 Buy-Writeome Fund's current Scaled Net Operating Assets is 1.04. 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 Scaled Net Operating Assets compare to CET and GAM?
Nuveen S&P 500 Buy-Writeome Fund's Scaled Net Operating Assets of 1.04 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 Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen S&P 500 Buy-Writeome Fund and its competitors. Nuveen S&P 500 Buy-Writeome Fund's current Scaled Net Operating Assets is 1.04. 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 Scaled Net Operating Assets of 1.04. 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 Scaled Net Operating Assets is 1.04. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Nuveen S&P 500 Buy-Writeome Fund (BXMX), the current Scaled Net Operating Assets is 1.04 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:

  • Scaled Net Operating Assets: 1.04
  • GF Value™: $12.90 vs. price of $15.03 (16.5% above fair value)
  • GF Score™: 34/100 with 6 warning signs

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

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

$15.03
Price
$12.90
GF Value