Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO – Get Free Report) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.0685 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Friday, August 14th.
Nuveen Municipal Credit Opportunities Fund Trading Up 0.3%
NYSE NMCO opened at $10.55 on Wednesday. The firm’s 50 day moving average price is $10.71 and its 200-day moving average price is $10.70. Nuveen Municipal Credit Opportunities Fund has a 52-week low of $10.08 and a 52-week high of $11.00.
About Nuveen Municipal Credit Opportunities Fund
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.
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