QQQX

Some Democrats in Washington are seizing on the recent frenetic trading in GameStop Corp. to push the financial transaction tax long favored by progressives, setting up a battle with Wall Street firms that bitterly oppose the idea.

The 19(a) quarterly distribution notices for six Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds’ quarterly distributions and follows the most recent quarterly distribution announce...

While Bitcoin was clinching an almost 200% rally that took it above $20,000 for the first time on Wednesday, a more eye-popping manifestation of the crypto craze emerged this week.

Canadian mutual fund manager CI Financial Corp. completed a $72 million initial public offering of a Bitcoin fund to help clients access the cryptocurrency in the midst of an eye-catching rally.

Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) declares $0.39/share quarterly dividend, in line with previous.Forward yield 6.04%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See QQQX Dividend

Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy.Recent volatility has already caused some CEFs to lower their distributions as a result of the March drawdown, causing their discounts to widen relative to their sectors.Tactically, we like ERC and ERH here as they should see a rise in distributions in Q2, accompanied by a reversal of their recent discount underperformance.We would also tactically tilt away from RIV and OPP whose distributions will likely shift lower at the start of the year, assuming the funds retain the current MDP.

QQQX has delivered decent returns over the full cycle.It has, however, vastly underperformed its benchmark.We explain why.