Nuveen Municipal Credit Opportunities Fund (NMCO) to Issue Monthly Dividend of $0.07 on February 2nd

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0685 per share on Monday, February 2nd. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date is Thursday, January 15th.

Nuveen Municipal Credit Opportunities Fund Stock Up 0.3%

Shares of NYSE:NMCO traded up $0.03 during trading on Tuesday, hitting $10.59. 81,830 shares of the company were exchanged, compared to its average volume of 142,441. The firm’s 50 day moving average price is $10.56 and its 200-day moving average price is $10.55. Nuveen Municipal Credit Opportunities Fund has a 12-month low of $9.69 and a 12-month high of $11.32.

Nuveen Municipal Credit Opportunities Fund Company Profile

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) is a closed-end management investment company that seeks to provide high current income exempt from federal income tax and, to the extent reasonably possible, exempt from or subject to limited United States state and local income taxes. The fund pursues its objective by primarily investing in a broad range of municipal securities, including investment-grade and below-investment-grade debt obligations issued by states, municipalities, public authorities and other political subdivisions across the United States.

NMCO’s portfolio construction emphasizes credit selection and active management strategies to target undervalued opportunities in both public and private municipal markets.