SPXX (Nuveen S&P 500 Dynamic Overwrite Fund) Asset Turnover: 0.11 (As of Dec. 2025)


SPXX Nuveen S&P 500 Dynamic Overwrite Fund SPXX
57 GF Score
Price $18.16
GF Value $15.28
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nuveen S&P 500 Dynamic Overwrite Fund Asset Turnover?

Nuveen S&P 500 Dynamic Overwrite Fund SPXX +1.59% 57 Asset Turnover is 0.11 as of Dec. 2025. GuruFocus rates SPXX with a GF Score™ of 57/100 and a GF Value™ of $15.28 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nuveen S&P 500 Dynamic Overwrite Fund's Revenue for the six months ended in Dec. 2025 was $36.60 Mil. Nuveen S&P 500 Dynamic Overwrite Fund's Total Assets for the quarter that ended in Dec. 2025 was $343.40 Mil. Therefore, Nuveen S&P 500 Dynamic Overwrite Fund's Asset Turnover for the quarter that ended in Dec. 2025 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Nuveen S&P 500 Dynamic Overwrite Fund's annualized ROE % for the quarter that ended in Dec. 2025 was 21.74%. It is also linked to ROA % through Du Pont Formula. Nuveen S&P 500 Dynamic Overwrite Fund's annualized ROA % for the quarter that ended in Dec. 2025 was 21.22%.


Nuveen S&P 500 Dynamic Overwrite Fund  (NYSE:SPXX) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Nuveen S&P 500 Dynamic Overwrite Fund's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=72.862/335.2265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(72.862 / 73.19)*(73.19 / 343.398)*(343.398/ 335.2265)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.55 %*0.2131*1.0244
=ROA %*Equity Multiplier
=21.22 %*1.0244
=21.74 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Nuveen S&P 500 Dynamic Overwrite Fund's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=72.862/343.398
=(Net Income / Revenue)*(Revenue / Total Assets)
=(72.862 / 73.19)*(73.19 / 343.398)
=Net Margin %*Asset Turnover
=99.55 %*0.2131
=21.22 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Nuveen S&P 500 Dynamic Overwrite Fund Asset Turnover Related Terms


Nuveen S&P 500 Dynamic Overwrite Fund Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nuveen S&P 500 Dynamic Overwrite Fund's Asset Turnover 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 Dynamic Overwrite Fund Asset Turnover Chart

Nuveen S&P 500 Dynamic Overwrite Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.20 -0.16 0.17 0.19 0.12

Nuveen S&P 500 Dynamic Overwrite Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover 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 0.04 0.11 0.08 0.01 0.11

SPXX vs JOF, RIV, PPT: Asset Turnover Comparison

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

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

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


SPXX
57GF Score
Nuveen S&P 500 Dynamic Overwrite Fund SPXX
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen S&P 500 Dynamic Overwrite Fund Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Nuveen S&P 500 Dynamic Overwrite Fund's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=40.696/( (332.213+350.732)/ 2 )
=40.696/341.4725
=0.12

Nuveen S&P 500 Dynamic Overwrite Fund's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=36.595/( (336.064+350.732)/ 2 )
=36.595/343.398
=0.11

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.11 mean?
Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) has a Asset Turnover of 0.11 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nuveen S&P 500 Dynamic Overwrite Fund and its competitors.
Is Nuveen S&P 500 Dynamic Overwrite Fund's Asset Turnover too high?
Nuveen S&P 500 Dynamic Overwrite Fund's current Asset Turnover is 0.11. Overall, Nuveen S&P 500 Dynamic Overwrite Fund has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen S&P 500 Dynamic Overwrite Fund's Asset Turnover compare to JOF and RIV?
Nuveen S&P 500 Dynamic Overwrite Fund's Asset Turnover of 0.11 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 Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nuveen S&P 500 Dynamic Overwrite Fund and its competitors. Nuveen S&P 500 Dynamic Overwrite Fund's current Asset Turnover is 0.11. 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 Dynamic Overwrite Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.28, compared to a current price of $18.16 — trading 18.8% above its estimated fair value. The current Asset Turnover is 0.11. Nuveen S&P 500 Dynamic Overwrite Fund's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Nuveen S&P 500 Dynamic Overwrite Fund (SPXX), the current Asset Turnover is 0.11 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 Dynamic Overwrite Fund (SPXX) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen S&P 500 Dynamic Overwrite Fund stock appears to be overvalued. The current stock price of $18.16 is trading 18.8% above its estimated GF Value™ of $15.28. GuruFocus considers Nuveen S&P 500 Dynamic Overwrite Fund to be Modestly Overvalued.

Key valuation signals for SPXX:

  • Asset Turnover: 0.11
  • GF Value™: $15.28 vs. price of $18.16 (18.8% above fair value)
  • GF Score™: 57/100 with 6 warning signs

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


Nuveen S&P 500 Dynamic Overwrite Fund Business Description

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 by investing in a U.S. equity portfolio that seeks to substantially replicate the price movements of the S&P 500 Index, as well as selling call options on approximately 35% to 75% of the notional value of the Fund's equity portfolio in an effort to enhance the Fund's risk-adjusted returns.
57GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.16
Price
$15.28
GF Value