Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ: QQQX)
(the “Fund”)
Supplement Dated June 18, 2024
to the Fund’s Currently Effective Prospectus
Effective June 18, 2024, Lei Liao has retired and is no longer a portfolio manager of the Fund. Therefore, all references to Mr. Liao are hereby removed from the Fund’s Prospectus.
Effective June 18, 2024, Nazar Romanyak has been added to the portfolio management team of the Fund. The following information is hereby added under the heading “Management of the Fund—Investment Adviser, Sub-Adviser and Portfolio Managers—Portfolio Managers” of the Prospectus:
“Nazar Romanyak is a portfolio manager for Nuveen’s equity strategies and has held various roles related to portfolio management of domestic and international large-, mid- and small-cap equity index and ESG portfolios for Teachers Advisors, LLC, TIAA-CREF Investment Management, LLC and other advisory affiliates of TIAA since 2013.”
PLEASE KEEP THIS WITH YOUR
FUND’S PROSPECTUS FOR FUTURE REFERENCE
EGN-QQQXP-0624P
Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ: QQQX)
(the “Fund”)
Supplement Dated June 18, 2024
to the Fund’s Currently Effective
Statement of Additional Information (“SAI”)
Effective June 18, 2024, Lei Liao has retired and is no longer a portfolio manager of the Fund. Therefore, all references to Mr. Liao are hereby removed from the Fund’s SAI.
Effective June 18, 2024, Nazar Romanyak has been added to the portfolio management team of the Fund. The following information is hereby added under the heading “Investment Adviser, Sub-Adviser and Portfolio Managers—Portfolio Managers—Portfolio Management” of the SAI:
“Nazar Romanyak is a portfolio manager for Nuveen’s equity strategies and has held various roles related to portfolio management of domestic and international large-, mid- and small-cap equity index and ESG portfolios for Teachers Advisors, LLC, TIAA-CREF Investment Management, LLC and other advisory affiliates of TIAA since 2013.”
The following information is hereby added under the heading “Investment Adviser, Sub-Adviser and Portfolio Managers—Portfolio Managers—Other Accounts Managed” of the SAI:
Portfolio Manager | | Type of Account Managed | | Number of Accounts | | | Assets* | |
Nazar Romanyak | | Registered Investment Company | | | 27 | | | $ | 169.240 million | |
| | Other Pooled Investment Vehicles | | | 6 | | | $ | 3.637 million | |
| | Other Accounts | | | 6 | | | $ | 1.824 million | |
The following information is hereby added under the heading “Investment Adviser, Sub-Adviser and Portfolio Managers—Portfolio Managers—Fund shares owned by the Portfolio Managers” of the SAI:
Portfolio Manager | | | Dollar Range of Equity Securities Beneficially Owned in the Fund | |
Nazar Romanyak | | | None | |
| | | | |
PLEASE KEEP THIS WITH YOUR
FUND’S SAI FOR FUTURE REFERENCE
EGN-QQQXS-0642P