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  • S&P 500: 1,070.52
  • Change: 1.30%
$12.54 0.17 (1.37%)
2/9/2010 3:59 PM

Nuveen Equity Premium Opportunity Fund (JSN)

CAPS Rating:
*****

closed-end fund

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Nuveen Equity Premium Opportunity Fund At A Glance

Current Price: $12.54
Last Trade Time: 2/9/2010 3:59 PM
Open: $12.44
Previous Close: $12.37
Daily Range: $12.40 - $12.54
52-Week Range: $8.36 - $13.40
Volume: 149,144
Market Cap: $831.95M
P/E Ratio: 38.66
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JSN VS S&P 500 (SPY)

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Top Bull Pitch

Recs

1

Nuveen Equity Premium Opportunity Fund (JSN)

Avatar Knifecatcher1 (< 20) Submitted: 1/03/08 11:12 AM

Nuveen Equity Premium Opportunity is an ETF recommended in a recent WSJ article:
http://online.wsj.com/article/SB119715291450118441.html?mod=yahoo_hs&ru=yahoo

JSN's objective from the web site: "... primary investment objective is to provide a high level of current income and gains from ne...More

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Recs

0

 (JSN)

Avatar CellBlock9 (93.86) Submitted: 8/23/09 11:21 AM : Outperform Start Price: $11.82 JSN Score: 1.86

As of 08/21/2009
Closing NAV: $13.13 Current Distribution Rate: 10.82%
Closing Share Price: $12.42 Discount: -5.41%
Large Blend morning 4 stars Qtr Div

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Recs

0

 (JSN)

Avatar HanumanTMK (46.57) Submitted: 5/31/09 3:29 PM : Outperform Start Price: $10.00 JSN Score: 9.71

We're cheaper than our component parts here, with a huge dividend. What's not to like?

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Recs

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 (JSN)

Avatar NevadaBuilder (95.58) Submitted: 11/25/08 1:54 AM : Outperform Start Price: $8.36 JSN Score: 23.99

hi div

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Recs

1

 (JSN)

Avatar Knifecatcher1 (< 20) Submitted: 1/03/08 11:12 AM : Outperform Start Price: $12.64 JSN Score: 21.93

Nuveen Equity Premium Opportunity is an ETF recommended in a recent WSJ article:
http://online.wsj.com/article/SB119715291450118441.html?mod=yahoo_hs&ru=yahoo

JSN's objective from the web site: "... primary investment objective is to provide a high level of current income and gains from net index option premiums. The fund's secondary investment objective is to seek capital appreciation ... ". "...weighting of 75% of the S&P 500 Index price movement, and 25% of the NASDAQ 100 Index ..." "... add to its common stock dividend income by selling call options ..."

JSN sells at an 11% discount to the value of its underlying securities (as of 1-3-2008). Dividend yield, bolstered by selling options, is ~ 10.90%. Low fees of 0.56%.

Top holdings are Apple, Exxon Mobil, Microsoft, GE, AT&T, Cisco, Citigroup (already heavily discounted), Intel, Bank of America, Google.

In the current uncertain market, a discounted ETF holding mega-cap growth stocks and a near- 11% cash payout looks very attractive to me. I think it will be the market and give a much smoother ride.

Disclosure: I own JSN shares in my portfolio.

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 (JSN)

Avatar alhubb (45.20) Submitted: 4/19/07 5:05 PM : Outperform Start Price: $13.57 JSN Score: 15.96

with almost 10% dividends, why not

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Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackStifel 96.44 11/07/07 Outperform NS $12.71-1.36%-25.59%+24.23

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