Nuveen Municipal High Income Opportunity Fund offers a 7.8% yield, trading at a 1.57% discount to NAV, appealing to income-focused investors. NMZ employs aggressive leverage (40.22% of assets) and targets unrated municipal bonds, amplifying both yield and risk, especially in high-rate environments. Dividend coverage remains weak; 2025 earnings are $0.21/share versus $0.79/share paid, risking further NAV erosion and potential payout cuts if rates stay elevated.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 41,081 | $482,925.43 | $426,626.18 | -$56,299.25 | -11.66% |
CliftonLarsonAllen Wealth Advisors CliftonLarsonAllen Wealth Advisors LLC | 38,418 | $397,384.25 | $399,547.2 | $2,162.95 | 0.54% |
Jeff Ameen Spire Wealth Management | 12,583 | $180,200.53 | $131,492.35 | -$48,708.18 | -27.03% |
| PF Phillip Fitzsimmons Hennion & Walsh Asset Management Inc. | 2.22M | $23.31M | $22.98M | -$328,084.16 | -1.41% |
| JSD Jeffrey S. Dabbs Kercheville Advisors LLC | 17,579 | $245,436.81 | $182,557.91 | -$62,878.9 | -25.62% |