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Stock impact report

BXMX: Efficient Income Fund To Hedge An S&P 500 Decline [Seeking Alpha]

Nuveen S&P 500 Buy-Write Income Fund Common Shares of Beneficial Interest (BXMX) 
Company Research Source: Seeking Alpha
BXMX delivers a 7.4% dividend yield with consistent payouts, leveraging an at-the-money call writing strategy for tax-efficient income. The fund's option strategy caps upside, causing BXMX to underperform in strong bull markets but providing resilience and lower volatility during downturns. BXMX offers direct S&P 500 exposure, especially to top tech names, making it ideal for income-focused investors seeking market hedges or supplemental retirement income. asbe/iStock via Getty Images Overview Despite market indices continuing to rise to new all-time highs, Nuveen S&P 500 Buy-Write Income Fund ( BXMX ) continues to trade at a discounted valuation. When I previously covered BXMX, I issued a This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BXMX ov Show less Read more
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