Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO – Get Free Report) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0685 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Monday, June 15th.
Nuveen Municipal Credit Opportunities Fund Trading Down 0.7%
Shares of NYSE:NMCO opened at $10.72 on Wednesday. The stock has a fifty day simple moving average of $10.68 and a two-hundred day simple moving average of $10.63. Nuveen Municipal Credit Opportunities Fund has a 12-month low of $9.95 and a 12-month high of $10.99.
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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