Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) vs. QQQI: A Comparison of CEFs for Nasdaq 100 Exposure

The Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) offers exposure to the Nasdaq 100 Index and employs a call overwrite strategy. This strategy aims to generate returns by selling call options on the fund's shares. The QQQX has a lower expense ratio compared to the Invesco QQQ ETF (QQQI), but requires a higher minimum investment. The QQQX is more attractive for investors willing to accept some complexity.