DIAX Nuveen Dow 30sm Dynamic Overwrite Fund

NEUTRAL Impact: 7/10 25-NSE
Horizon immediate Filed Mar 30, 2026 Processed 1mo ago SEC 0000876661-26-000298
Notable filing: 25-NSE
Latest settled — T+1d
DIAX ▲ 0.00% at T+1d
NEUTRAL call ✗ call lost 0.00% · α vs SPY -2.89% · entry $14.10 → $14.10
Next anchor: T+5d due 6w ago
Entry anchored
Mar 27, 03:53 PM ET
via Databento tick
T+1d
0.00%
call 0.00% · α -2.89%
$14.10
settled 7w ago
T+5d
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call — · α —
—
due 6w ago
T+20d
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call — · α —
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due 22d ago
T+60d
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call — · α —
—
in 5w

Price Chart

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Executive Summary

The NYSE has notified the SEC of its intent to delist DIAX following the completion of its merger with the Nuveen S&P 500 Dynamic Overwrite Fund on March 30, 2026. Each DIAX share was converted into 0.89021446 shares of the surviving fund, with trading suspended as of the merger date.

Actionable Insight

Investors should confirm receipt of the converted shares in their accounts and evaluate the investment strategy and performance of the surviving fund (Nuveen S&P 500 Dynamic Overwrite Fund) relative to their objectives. No further trading in DIAX will occur after delisting.

Key Facts

  • Merger between Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) and Nuveen S&P 500 Dynamic Overwrite Fund became effective March 30, 2026
  • Each DIAX share converted into 0.89021446 shares of the surviving fund (Nuveen S&P 500 Dynamic Overwrite Fund)
  • No cash or additional consideration provided; conversion ratio is final
  • Trading in DIAX was suspended on March 30, 2026
  • NYSE intends to formally delist DIAX at the opening of business on April 10, 2026

Financial Impact

Full liquidation of DIAX shares via merger; shareholders now hold 0.89021446 shares of the S&P 500 fund per DIAX share

share countfund structuretrading availability

Risk Factors

  • Exposure to different index (S&P 500 vs. Dow 30) and potentially different risk/return profile post-conversion
  • Potential tax implications from the deemed exchange of fund shares

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
25-NSE Filing (Primary)0000876661-26-000298
Document: 0000876661-26-000298-index.html0000876661-26-000298
Document: 0000876661-26-000298.txt0000876661-26-000298

US Market Status

Market Closed — Opens Thu (< 1m)

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