Fund Description: Nuveen Dow 30 Dynamic Overwrite Fund, formerly Dow 30 Enhanced Premium & Income Fund is an exchange-traded closed-end fund or a closed-end ETF which is officially described in its prospectus as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Nuveen Dow 30 Dynamic Overwrite Fund seeks attractive total return with less volatility than the Dow Jones Industrial Average. FUND STRATEGY: Under normal circumstances, the Fund will purchase all of the thirty common stocks included in the Dow Jones Industrial Average weighted in approximately the same proportions as in the Index (the Dow Stocks). The Fund will also purchase other securities or financial instruments, primarily swap contracts, designed to provide additional investment exposure (i.e., leverage) to the return of the Dow Stocks (the “Additional Dow Exposure”). The Dow Stocks and the Additional Dow Exposure collectively are referred to herein as the Total Dow Exposure. The Fund also will engage in certain option strategies, primarily consisting of writing (selling) covered call options on some or all of the Dow Stocks (the Options). The Options will be written on approximately 50% (or less) of the Total Dow Exposure at the time they are written. As a result, generally 50% (or more) of the Fund’s Total Dow Exposure will have the potential for full capital appreciation. The portion of the Total Dow Exposure subject to the Options will be limited in the amount of capital appreciation that may be obtained. The Fund pursues its investment strategy by purchasing the common stock of each company included in the Index in approximately the amounts such Dow Stocks are weighted in the Index. The Fund will periodically rebalance its holdings of the Dow Stocks in order to more closely approximate each Dow Stock’s weighting in the Index. The Fund, however, may not hold the Dow Stocks in proportion to their weightings in the Index if a different proportion is necessary to maintain the Fund’s status as a diversified company under the Investment Company Act. To facilitate cash management, the Fund may invest periodically in securities or other financial instruments that share similar economic characteristics with the Index. The Index is an unmanaged price weighted index of common stocks selected by the editors of The Wall Street Journal as representative of U.S. industry in general. The Index consists of companies that are highly capitalized in their respective industries. FUND MANAGEMENT: The Fund is managed by Nuveen Asset Management, LLC, an affiliate of Nuveen Investments.