Nuveen Municipal Credit Opportunities Fund to Issue Monthly Dividend of $0.07 (NYSE:NMCO)

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be given a dividend of 0.0685 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Friday, May 15th.

Nuveen Municipal Credit Opportunities Fund Trading Down 0.2%

NYSE NMCO traded down $0.03 during trading hours on Wednesday, reaching $10.79. 30,674 shares of the company traded hands, compared to its average volume of 141,083. Nuveen Municipal Credit Opportunities Fund has a 12 month low of $9.95 and a 12 month high of $10.99. The company has a 50 day moving average of $10.68 and a two-hundred day moving average of $10.64.

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.