FMP
Nuveen Municipal High Income Opportunity Fund
NMZ
NYSE
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. The fund was formerly known as Nuveen Municipal High Yield Opportunity Fund. Nuveen Municipal High Income Opportunity Fund was founded in November 19, 2003 and is based in the United States.
10.62 USD
-0.01 (-0.09416%)
Historical Prices
From:
To:
About
ceo
Mr. Nathaniel T. Jones
sector
Financial Services
industry
Asset Management - Income
exchange
NYSE
Description
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. The fund was formerly known as Nuveen Municipal High Yield Opportunity Fund. Nuveen Municipal High Income Opportunity Fund was founded in November 19, 2003 and is based in the United States.
CIK
0001266585
ISIN
US6706821039
CUSIP
670682103
Address
333 West Wacker Drive
Phone
312 917 7700
Country
US
Employee
N/A
IPO Date
Nov 20, 2003
Financial Statement
Earnings
NMZ Financial Summary
CIK
0001266585
Exchange
NYSE
Industry
Asset Management - I...
Sector
Financial Services
CUSIP
670682103
ISIN
US6706821039
Country
US
Price
10.62
Beta
0.78
Volume Avg.
347.31k
Market Cap
1.17B
Shares
-
52-Week
9.36-11.9
DCF
0.69
ROE
-
ROA
-
Operating Margin
-
Debt/Equity
-
P/E
4.52
P/B
-
Website
https://www.nuveen.com/CEF/Product/Overview.aspx?F...
Upgrades and Downgrades
We are unable to load this data!
Financial Information
Financial Summary Real-Time Price
Financial Statements
Financial Quarter Statements
Ratios Analysis
Dupont Analysis
Free Cashflow
Operating Data
Balance Sheet Data
Financial Modelling
Discounted Cashflow Model
Discounted Cashflow Model Levered
Free Cashflow Build-Up
Terminal Value
Intrinsic Value
Weighted Average Cost of Capital
Market Information
Stock Value
Latest NMZ News
Seeking Alpha
Jul 21, 2024
NMZ: Income Bump And Discount To NAV Continue To Support Sha...
I evaluate Nuveen Municipal High Income Opportunity Fund as an investment option in light of recent income boosts and declining inflation metrics. The fund still has a sharp discount to NAV, supporting a bullish view. Illinois bonds make up a good chunk of the overall portfolio. These issues are benefiting from an on-time budget, rising taxes, and an upgrade to "stable" from credit rating agencies for the state.
Seeking Alpha
Feb 27, 2024
NMZ: Still A Decent Muni Option For 2024
I am maintaining a "buy" rating for the Nuveen Municipal High Income Opportunity Fund for multiple reasons. The fund is benefiting from a decline in long-term muni issuance and from a Fed pause in rate hikes. NMZ holds many non-rated bonds, but I still feel this is a safer option than going into junk rated corporates.
Seeking Alpha
Jan 26, 2024
The 8% Income Portfolio: 2023 Year-End Review
2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. We will provide updates on trades during the year, dividends collected, and overall performance. As usual, we will compare the performance with a traditional 60:40 stock/bond portfolio.
Seeking Alpha
Jan 26, 2024
Nuveen High Yield Muni: Generational Opportunity In Muni CEF...
Nuveen High Yield Muni: Generational Opportunity In Muni CEFs
Seeking Alpha
Jan 4, 2024
NMZ: Take Profits Now Before The FOMC Disappoints The Market
Nuveen Municipal High Income Opportunity Fund offers a 5.13% yield, which is equivalent to an 8.14% yield for investors in the top tax bracket. The NMZ closed-end fund's shares have declined by 16.33% over the past five years, performing poorly compared to the ICE AMT-Free US National Municipal Index. The fund invests in municipal securities rated Baa/BBB or lower, with a significant portion invested in unrated securities, which poses some risk.
Seeking Alpha
Oct 4, 2023
NMCO And NMZ: Two Previous Buy Ratings Dismantled By The FOM...
Nuveen Municipal Credit Opportunities Fund and Nuveen Municipal High Income Opportunity Fund have experienced significant declines since 2021. Both funds aim to provide high current income exempt from federal income tax and seek total return. The future performance of the funds is uncertain due to the unpredictability of interest rates, but the FOMC does not anticipate a return to ultra-low rates.
Seeking Alpha
Aug 12, 2023
NMZ: Reiterating A Buy Case In The Latter Stages Of 2023
I see the Nuveen Municipal High Income Opportunity Fund as a reasonable investment option for the right buyer at these levels. NMZ has performed well in a risk-on market environment and should continue to do so. There is still a discount to NAV present for NMZ and the fund's use of leverage is less of a problem if inflation continues to decline.
24/7 Wall Street
Apr 6, 2023
Deutsche Bank Now Owns 28.01% of Nuveen Municipal High Incom...
Fintel reports that Deutsche Bank Ag\ has filed a 13D/A form with the SEC disclosing ownership of 0.00MM shares of Nuveen Municipal High Income Oppty Fund (NMZ).
