Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) vs Invesco Municipal Opportunity (VMO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
On valuation, Nuveen S&P 500 Dynamic Overwrite Fund trades at a lower trailing P/E (4.7x vs 30.0x for Invesco Municipal Opportunity). Invesco Municipal Opportunity offers the higher dividend yield (8.94% vs 7.71%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | SPXX | VMO |
|---|---|---|
| Share price | $18.61 | $8.39 |
| Market cap | $334.54M | — |
| 1-day change | -0.59% | -0.59% |
| YTD return | — | -12.33% |
| 1-year return | — | -12.05% |
| 5-year return | — | -38.67% |
| P/E ratio (TTM) | 4.75 | 29.96 |
| EPS (TTM) | $3.92 | $0.28 |
| Dividend yield | 7.71% | 8.94% |
| Annual dividend | $1.43 | $0.75 |
| 52-week high | $19.39 | $10.10 |
| 52-week low | $15.78 | $8.12 |
| Distance from 52-week high | -4.02% | -16.93% |
| Analyst consensus | — | none |
| Average volume | 247.03K | 284.36K |
| 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 Opportunity trades at a higher earnings multiple (30.0x vs 4.7x trailing P/E).
- Invesco Municipal Opportunity offers a meaningfully higher dividend yield (8.94% vs 7.71%).
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 Opportunity
VMO stock →Invesco Municipal Opportunity 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc.
Finance · Trusts Except Educational Religious and Charitable
SPXX vs VMO FAQ
Which has the lower P/E ratio, SPXX or VMO?
SPXX has the lower trailing P/E at 4.7, versus 30.0 for VMO. 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 Opportunity?
Invesco Municipal Opportunity has the higher yield at 8.94%, compared with 7.71% for Nuveen S&P 500 Dynamic Overwrite Fund.
Are Nuveen S&P 500 Dynamic Overwrite Fund and Invesco Municipal Opportunity in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.