Nuveen Municipal High Income Opportunity Fund logo

Nuveen Municipal High Income Opportunity Fund (NMZ)

Market Closed
17 Jul, 20:00
NYSE NYSE
$
10. 31
-0.04
-0.3865%
$
- Market Cap
- Div Yield
331,900 Volume
$ 10.35
Previous Close
Add Transaction
Day Range
10.3 10.34
Year Range
9.83 10.77
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NMZ: Aligned To Benefit From Lower Interest Rates

NMZ: Aligned To Benefit From Lower Interest Rates

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.

Seekingalpha | 3 months ago