Nuveen Municipal Credit Opportunities Fund (NMCO)
Market Value | 604.46M |
Revenue (ttm) | 58.94M |
Net Income (ttm) | 7.65M |
Shares Out | 54.80M |
EPS (ttm) | 0.14 |
PE Ratio | 79.06 |
Forward PE | n/a |
Dividend | $0.83 (7.51%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 260,545 |
Open | 11.05 |
Previous Close | 11.10 |
Day's Range | 11.03 - 11.10 |
52-Week Range | 9.66 - 12.20 |
Beta | 0.76 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About NMCO
Nuveen Municipal Credit Opportunities Fund is a closed end investment fund. Its investment objective is to provide a level of current income exempt from regular U.S. federal income tax. The fund was founded on April 18, 2019 and is headquartered in Chicago, IL. [Read more]
News
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare fo...
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea...
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trust...
Nuveen Municipal Closed-End Funds Announce Distribution Updates
NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of certain Nuveen municipal closed-end funds declared regular monthly distribution rates and updated certain distribution policies. Additionally...
NMCO And NMZ: Two Previous Buy Ratings Dismantled By The FOMC
Nuveen Municipal Credit Opportunities Fund and Nuveen Municipal High Income Opportunity Fund have experienced significant declines since 2021. Both funds aim to provide high current income exempt from...
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona...
Nuveen Closed-End Funds Complete Previously Announced Portfolio Management Team Updates
NEW YORK--(BUSINESS WIRE)--As previously announced on April 10, 2023, John V. Miller effective today is no longer a portfolio manager for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuv...
Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams
NEW YORK , April 10, 2023 /PRNewswire/ -- Effective immediately, portfolio manager responsibilities for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuveen Taxable Municipal Income Fund...
Municipal CEF Sector Update: A Trio Of Tailwinds
Tax-exempt municipal bonds have had a tough ride since 2022; however, the sector enjoys a number of current and upcoming tailwinds. These tailwinds include a stabilization and likely increase in net i...
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.
The Month In Closed-End Funds: November 2021
For the second month in three, equity CEFs on average witnessed negative returns, falling 2.61% on a NAV basis for November.
Municipal CEF Sector Update: Under Pressure
Tax-exempt municipal yields have trended down since the start of the year on the back of strong demand from investors and lower Treasury yields.
More Relative Value Trades And Opportunities: Munis
The muni CEF space is largely buy-and-hold (or long-term rental agreements). But right now, there's a lot of dislocation in the sector. Some funds are extremely expensive while others are relatively c...
CEF Weekly Commentary | June 20, 2021
The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks ...
CEF Weekly Market Review: A Value Conundrum
We review CEF market valuation and performance over the past week and highlight recent events. We highlight news and market action across a number of CEFs such as JHB, EIC, and the Blackstone loan tri...
The Month In Closed-End Funds: May 2021
For the seventh month in a row, equity closed-end funds (CEFs) on average posted positive returns, rising 1.90% on a NAV basis for May. While for the third month running fixed income CEFs posted plus-...
Tax-Exempt Municipal CEF Sector Review
The tax-exempt CEF sector has proven to be relatively resilient over the past year, generating attractive absolute and risk-adjusted returns.
The Month In Closed-End Funds: January 2021
For the third month in a row, equity CEFs on average posted positive returns, rising 0.84% on a NAV basis for January. While for the tenth month running, fixed income CEFs witnessed returns in the bla...