QQQX CEF — Nuveen NASDAQ 100 Dynamic Overwrite Fund

Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX)

Updated November 4, 2026.

QQQX is a CEF. Its distribution rate is 9.78%, its trailing-12-month yield is 8.78%, its expense ratio is 0.9345%. Dividend Vision Distribution Safety Score™ is 88/100 (Safe). Total return is 681.6% over the past 19.8 years, 11.8 points ahead of SPY at 669.8%.

QQQX performance versus SPY

As of Nov 4, 2026

Total return is 681.6% over the past 19.8 years, 11.8 points ahead of SPY at 669.8%. Over the past year its total return — price change plus distributions reinvested — is 18.2%. Its deepest 1-year drawdown was 9.1%.

QQQX key facts

Distribution Safety Score™

88 · Safe

Safety-Adjusted Yield

8.61%

Issuer

Nuveen

Asset type

CEF

Asset class

Equity

Inception date

01/30/2007

Expense ratio

0.9345%

Distribution rate

9.78%

Distribution frequency

Quarterly

Trailing yield

8.78%

5-year average yield

7.57

Last close

$30.19 (as of 2026-11-04)

NAV

$31.06

Premium / discount

Premium not shown · NAV date unknown

Market cap

$1,474,080,640

Average volume

108,693

Dividend

$0.738

Ex-dividend date

09/15/2026

Payment date

10/01/2026

Beta

1.0172

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (9.78%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (8.78%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Nuveen or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QQQX risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.1%.

Who may consider QQQX — and who may not

QQQX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (QQQX pays quarterly). This is educational context, not a recommendation to buy or sell.

More on QQQX

• All tickers starting with Q

Tagged: CEF, Dividend, Nasdaq100, Covered Call.

Frequently asked questions

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