What is Nuveen S&P 500 Dynamic Overwrite Fund 10-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Nuveen S&P 500 Dynamic Overwrite Fund's current 10-Year Share Buyback Ratio was 0.00%.
SPXX's 10-Year Share Buyback Ratio is not ranked *
in the Asset Management industry.
Industry Median: -2.2 * Ranked among companies with meaningful 10-Year Share Buyback Ratio only.
Competitive Comparison of Nuveen S&P 500 Dynamic Overwrite Fund's 10-Year Share Buyback Ratio
For the Asset Management subindustry, Nuveen S&P 500 Dynamic Overwrite Fund's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio 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's 10-Year Share Buyback Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen S&P 500 Dynamic Overwrite Fund's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Nuveen S&P 500 Dynamic Overwrite Fund's 10-Year Share Buyback Ratio falls into.
Nuveen S&P 500 Dynamic Overwrite Fund 10-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) 10-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Nuveen S&P 500 Dynamic Overwrite Fund 10-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Nuveen S&P 500 Dynamic Overwrite Fund's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen S&P 500 Dynamic Overwrite Fund Business Description
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%-75% of the notional value of the Fund's equity portfolio in an effort to enhance the Fund's risk-adjusted returns.
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