Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) Declares $0.05 Monthly Dividend

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Monday, April 15th will be given a dividend of 0.047 per share on Wednesday, May 1st. This represents a $0.56 annualized dividend and a yield of 5.40%. The ex-dividend date of this dividend is Friday, April 12th.

Nuveen Municipal High Income Opportunity Fund Price Performance

Nuveen Municipal High Income Opportunity Fund stock opened at $10.44 on Wednesday. The firm has a 50 day moving average of $10.30 and a 200 day moving average of $9.75. Nuveen Municipal High Income Opportunity Fund has a 12-month low of $8.26 and a 12-month high of $11.14.

Institutional Investors Weigh In On Nuveen Municipal High Income Opportunity Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arkos Global Advisors purchased a new stake in Nuveen Municipal High Income Opportunity Fund in the 4th quarter worth approximately $368,000. Baird Financial Group Inc. increased its holdings in Nuveen Municipal High Income Opportunity Fund by 31.1% in the 4th quarter. Baird Financial Group Inc. now owns 144,668 shares of the company’s stock worth $1,429,000 after acquiring an additional 34,349 shares in the last quarter. Citadel Advisors LLC grew its holdings in Nuveen Municipal High Income Opportunity Fund by 48.1% during the 4th quarter. Citadel Advisors LLC now owns 17,352 shares of the company’s stock valued at $171,000 after buying an additional 5,632 shares in the last quarter. Cohen & Steers Inc. purchased a new stake in Nuveen Municipal High Income Opportunity Fund during the 4th quarter valued at approximately $198,000. Finally, Royal Bank of Canada grew its holdings in Nuveen Municipal High Income Opportunity Fund by 28.4% during the 4th quarter. Royal Bank of Canada now owns 194,073 shares of the company’s stock valued at $1,917,000 after buying an additional 42,971 shares in the last quarter.

Nuveen Municipal High Income Opportunity Fund Company Profile

(Get Free Report)

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.

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Dividend History for Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ)

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