Raymond James Financial Services Reports 8.2% Stake in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX)

On April 7, 2026, Raymond James Financial Services Advisors, Inc. filed a Schedule 13G with the SEC, reporting a new significant ownership stake in the Nuveen S&P 500 Dynamic Overwrite Fund (Ticker: SPXX). As of the event date on March 31, 2026, the firm beneficially owns 1,392,911.49 shares, representing 8.2% of the closed-end fund's outstanding shares. The filing indicates that Raymond James holds sole dispositive power over the entirety of these shares, while reporting zero voting power. This position was acquired in the ordinary course of business and is not intended to influence or change the control of the issuer. Raymond James is filing as an investment adviser and broker-dealer. This filing marks an increase from a previously reported 0.0% ownership, establishing a material position in the fund. The transaction reflects a passive investment strategy typical for institutional wealth management and advisory services.