Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) vs Invesco Municipal (VKQ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, Nuveen S&P 500 Dynamic Overwrite Fund trades at a lower trailing P/E (4.8x vs 28.8x for Invesco Municipal). Invesco Municipal offers the higher dividend yield (8.72% vs 7.57%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | SPXX | VKQ |
|---|---|---|
| Share price | $18.94 | $8.65 |
| Market cap | $340.48M | — |
| 1-day change | +1.66% | +1.53% |
| YTD return | — | -11.71% |
| 1-year return | — | -11.71% |
| 5-year return | — | -35.31% |
| P/E ratio (TTM) | 4.83 | 28.83 |
| EPS (TTM) | $3.92 | $0.30 |
| Dividend yield | 7.57% | 8.72% |
| Annual dividend | $1.43 | $0.754 |
| 52-week high | $19.39 | $10.11 |
| 52-week low | $15.78 | $8.25 |
| Distance from 52-week high | -2.32% | -14.44% |
| Average volume | 247.57K | 230.62K |
| Shares outstanding | 17.98M | — |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Trusts Except Educational Religious and Charitable |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Invesco Municipal trades at a higher earnings multiple (28.8x vs 4.8x trailing P/E).
- Invesco Municipal offers a meaningfully higher dividend yield (8.72% vs 7.57%).
About Nuveen S&P 500 Dynamic Overwrite Fund
SPXX stock →Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.
Finance · Trusts Except Educational Religious and Charitable
About Invesco Municipal
VKQ stock →Invesco Municipal Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd.
Finance · Trusts Except Educational Religious and Charitable
SPXX vs VKQ FAQ
Which has the lower P/E ratio, SPXX or VKQ?
SPXX has the lower trailing P/E at 4.8, versus 28.8 for VKQ. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Nuveen S&P 500 Dynamic Overwrite Fund or Invesco Municipal?
Invesco Municipal has the higher yield at 8.72%, compared with 7.57% for Nuveen S&P 500 Dynamic Overwrite Fund.
Are Nuveen S&P 500 Dynamic Overwrite Fund and Invesco Municipal in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.