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DIAX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 15, 2025

Report Source: 2025 2nd Quarter Report

Nuveen Dow 30SM Dynamic Overwrite Fund

Nuveen Dow 30SM Dynamic Overwrite Fund. Stock Analysis DIAX

United States N/A Small Cap Report:
Nuveen Dow 30SM Dynamic Overwrite Fund is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. The company went IPO on 2014-12-22. Nuveen Dow 30SM Dynamic Overwrite Fund is a non-diversified closed-end management investment fund. The Fund's investment objective is to seek attractive total return with less volatility than the Dow Jones Industrial Average (DJIA). The Fund pursues its investment strategy by emphasizing single name options on individual stocks in the Dow Jones Industrial AverageSM (DJIA), as well as a range of options, including index options on the DJIA and other broad-based indexes and options on custom baskets of stocks in addition to exchange-traded funds (ETFs). The company uses a dynamic call option overwrite strategy within a range of 35% to 75%, with a long-run target of approximately 55% overwrite of the value of the Fund's equity portfolio, in seeking to enhance the portfolio's risk-adjusted returns. The Fund investments in various sectors, including Aerospace and Defense; Information Technology (IT) Services, and Pharmaceuticals. The Fund's investment advisor is Nuveen Fund Advisors, LLC.
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Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) Chart

Key Statistics of Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$13.98$14.20

Today's Open

$14.20

Volume

127.25K

P/E Ratio (TTM)

9.86

52 Week Range

$12.42$15.85

Market Cap

526.96M

Avg. Volume

112.17K

Dividend Yield

-

Financial Metrics & Statements of Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX)

FAQ's for Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX)

  • According to Musaffa’s Shariah screening methodology, Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nuveen Dow 30SM Dynamic Overwrite Fund using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Nuveen Dow 30SM Dynamic Overwrite Fund if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of Nuveen Dow 30SM Dynamic Overwrite Fund by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of Nuveen Dow 30SM Dynamic Overwrite Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of Nuveen Dow 30SM Dynamic Overwrite Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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