| Nuveen Dow 30sm Dynamic Overwrite Fund is registered as a non-diversified closed-end management investment company. The Fund's investment objective is to seek attractive total returns with less volatility than the Dow Jones Industrial Average (DJIA). The Fund pursues its investment strategy by investing in an equity portfolio consisting of the thirty stocks included in the DJIA and employing a dynamic call option overwrite strategy, which consists of writing (selling) index call options, call options on custom baskets of securities, and covered call options on individual securities. We show 1 historical shares outstanding datapoints in our DIAX shares outstanding history coverage, used to compute DIAX market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DIAX market cap history over the course of time is important for investors
interested in comparing DIAX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DIAX versus a peer is one thing; comparing
DIAX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DIAX can fluctuate over the course of history.
With this page we aim to empower investors researching DIAX by allowing them to research the DIAX market cap history.