<SEC-DOCUMENT>0001193125-21-239018.txt : 20210806
<SEC-HEADER>0001193125-21-239018.hdr.sgml : 20210806
<ACCEPTANCE-DATETIME>20210806133715
ACCESSION NUMBER:		0001193125-21-239018
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210806
DATE AS OF CHANGE:		20210806

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Nuveen S&P 500 Dynamic Overwrite Fund
		CENTRAL INDEX KEY:			0001338561
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-237421
		FILM NUMBER:		211152233

	BUSINESS ADDRESS:	
		STREET 1:		333 WEST WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-917-8146

	MAIL ADDRESS:	
		STREET 1:		333 WEST WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Nuveen Equity Premium & Growth Fund
		DATE OF NAME CHANGE:	20050913
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>d214871d424b3.htm
<DESCRIPTION>NUVEEN S&P 500 DYNAMIC OVERWRITE FUND
<TEXT>
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<TITLE>Nuveen S&amp;amp;P 500 Dynamic Overwrite Fund</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="right">Filed Pursuant to Rule 424(b)(3) </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="right">File No. 333-237421 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>N<SMALL>UVEEN</SMALL> S&amp;P 500 D<SMALL>YNAMIC</SMALL> O<SMALL>VERWRITE</SMALL> F<SMALL>UND</SMALL> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(NYSE: SPXX) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(<SMALL>THE</SMALL> &#147;F<SMALL>UND</SMALL>&#148;) </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>S<SMALL>UPPLEMENT</SMALL> D<SMALL>ATED</SMALL> A<SMALL>UGUST</SMALL>&nbsp;6, 2021 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>T<SMALL>O</SMALL> <SMALL>THE</SMALL> F<SMALL>UND</SMALL>&#146;<SMALL>S</SMALL> P<SMALL>ROSPECTUS</SMALL> <SMALL>AND</SMALL>
S<SMALL>TATEMENT</SMALL> <SMALL>OF</SMALL> A<SMALL>DDITIONAL</SMALL> </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>I<SMALL>NFORMATION</SMALL> (&#147;SAI&#148;)
D<SMALL>ATED</SMALL> J<SMALL>ULY</SMALL>&nbsp;28, 2021 </B></P> <P STYLE="margin-top:26pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="justify">Effective August&nbsp;6, 2021, the Fund&#146;s Board of Trustees has
eliminated the following investment policy with respect to the Fund: </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; margin-left:8%; font-size:11pt; font-family:Times New Roman" ALIGN="justify">&#147;With respect to call options written on
individual securities, the Fund will not write &#147;naked&#148; or uncovered call options.&#148; </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="justify">As such, any references in the
Fund&#146;s Prospectus and SAI to the aforementioned policy have been removed, effective immediately. Also effective immediately, all references throughout the Prospectus and SAI to &#147;covered call options&#148; written by the Fund have been
replaced with &#147;call options.&#148; </P> <P STYLE="margin-top:26pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center">PLEASE KEEP THIS WITH THE </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center">FUND&#146;S PROSPECTUS AND SAI </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center">FOR
FUTURE REFERENCE </P>
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