QQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund) Scaled Net Operating Assets: 1.05 (As of Dec. 2025)


QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund QQQX
50 GF Score
Price $30.08
GF Value $19.46
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nuveen NASDAQ 100 Dynamic Overwrite Fund Scaled Net Operating Assets?

Nuveen NASDAQ 100 Dynamic Overwrite Fund QQQX -0.84% 50 Scaled Net Operating Assets is 1.05 as of Dec. 2025. GuruFocus rates QQQX with a GF Score™ of 50/100 and a GF Value™ of $19.46 (Significantly Overvalued). 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 NASDAQ 100 Dynamic Overwrite Fund's operating assets for the quarter that ended in Dec. 2025 was $1,533.4 Mil. Nuveen NASDAQ 100 Dynamic Overwrite Fund's operating liabilities for the quarter that ended in Dec. 2025 was $23.6 Mil. Nuveen NASDAQ 100 Dynamic Overwrite Fund's Total Assets for the quarter that ended in Jun. 2025 was $1,433.4 Mil. Therefore, Nuveen NASDAQ 100 Dynamic Overwrite Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.05.

QQQX
50GF Score
Nuveen NASDAQ 100 Dynamic Overwrite Fund QQQX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen NASDAQ 100 Dynamic Overwrite 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 NASDAQ 100 Dynamic Overwrite 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 )
=(1533.446-23.641)/1443.583
=1.05

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1533.533 - 0.087
=1533.446

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.641 - 0 - 0
=23.641

Nuveen NASDAQ 100 Dynamic Overwrite 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 )
=(1533.446-23.641)/1433.351
=1.05

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1533.533 - 0.087
=1533.446

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.641 - 0 - 0
=23.641

* 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 1.05 mean?
Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a Scaled Net Operating Assets of 1.05 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 NASDAQ 100 Dynamic Overwrite Fund and its competitors.
Is Nuveen NASDAQ 100 Dynamic Overwrite Fund's Scaled Net Operating Assets too high?
Nuveen NASDAQ 100 Dynamic Overwrite Fund's current Scaled Net Operating Assets is 1.05. Overall, Nuveen NASDAQ 100 Dynamic Overwrite Fund has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen NASDAQ 100 Dynamic Overwrite Fund's Scaled Net Operating Assets compare to NFJ and HYT?
Nuveen NASDAQ 100 Dynamic Overwrite Fund's Scaled Net Operating Assets of 1.05 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 NASDAQ 100 Dynamic Overwrite Fund and its competitors. Nuveen NASDAQ 100 Dynamic Overwrite Fund's current Scaled Net Operating Assets is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen NASDAQ 100 Dynamic Overwrite Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.46, compared to a current price of $30.08 — trading 54.6% above its estimated fair value. The current Scaled Net Operating Assets is 1.05. Nuveen NASDAQ 100 Dynamic Overwrite Fund's overall GF Score™ is 50/100 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 NASDAQ 100 Dynamic Overwrite Fund (QQQX), the current Scaled Net Operating Assets is 1.05 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 NASDAQ 100 Dynamic Overwrite Fund (QQQX) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen NASDAQ 100 Dynamic Overwrite Fund stock appears to be overvalued. The current stock price of $30.08 is trading 54.6% above its estimated GF Value™ of $19.46. GuruFocus considers Nuveen NASDAQ 100 Dynamic Overwrite Fund to be Significantly Overvalued.

Key valuation signals for QQQX:

  • Scaled Net Operating Assets: 1.05
  • GF Value™: $19.46 vs. price of $30.08 (54.6% above fair value)
  • GF Score™: 50/100 with 6 warning signs

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

Nuveen NASDAQ 100 Dynamic Overwrite Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NASDAQ 100 Dynamic Overwrite Fund is a closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the S&P 500 Index. Under normal circumstances, the Fund will invest at least 80% of its Assets (as defined below) in a diversified equity portfolio made up of securities comprising the S&P 500 Index (or securities that have economic characteristics that are similar to those securities comprising the S&P 500 Index) that seeks to substantially replicate price movements of the S&P 500 Index and is designed to support the Fund's option strategy.
50GF 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.

$30.08
Price
$19.46
GF Value