Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.0655 per share on Monday, November 2nd. This represents a $0.79 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date of this dividend is Thursday, October 15th.
Nuveen Municipal High Income Opportunity Fund Trading Up 0.3%
Shares of NYSE NMZ opened at $8.99 on Friday. Nuveen Municipal High Income Opportunity Fund has a 1-year low of $8.70 and a 1-year high of $10.77. The firm’s 50-day moving average price is $9.81 and its 200-day moving average price is $10.13.
About Nuveen Municipal High Income Opportunity Fund
Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) is a closed-end investment company managed by Nuveen. The fund seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal securities issued by states, cities, counties and other public entities in the United States.
The fund focuses on higher-yielding municipal bonds, including securities that may carry lower credit ratings or be considered below investment grade. Its portfolio may include tax-exempt bonds financing public infrastructure, essential services and other governmental or community projects.
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