Filed Pursuant to Rule 424(b)(3)
File No. 333-255685
NUVEEN NASDAQ 100 DYNAMIC OVERWRITE FUND
(NASDAQ: QQQX)
(THE FUND)
SUPPLEMENT DATED AUGUST 6, 2021
TO THE FUNDS PROSPECTUS AND STATEMENT OF ADDITIONAL
INFORMATION (SAI) DATED MAY 1, 2021
Effective August 6, 2021, the Funds Board of Trustees has eliminated the following investment policy with respect to the Fund:
With respect to call options written on individual securities, the Fund will not write naked or uncovered call options.
As such, any references in the Funds Prospectus and SAI to the aforementioned policy have been removed, effective immediately. Also effective immediately, all references throughout the Prospectus and SAI to covered call options written by the Fund have been replaced with call options.
PLEASE KEEP THIS WITH THE
FUNDS PROSPECTUS AND SAI
FOR FUTURE REFERENCE