Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Shares Set to Pay Monthly Dividend of $0.07

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) announced a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.0685 per share on Tuesday, December 1st. This represents a $0.82 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Friday, November 13th.

Nuveen Municipal Credit Opportunities Fund Stock Performance

Nuveen Municipal Credit Opportunities Fund stock traded up $0.01 during trading on Tuesday, hitting $8.93. The company’s stock had a trading volume of 190,906 shares, compared to its average volume of 281,492. The stock’s fifty day moving average is $9.25 and its 200 day moving average is $10.33. Nuveen Municipal Credit Opportunities Fund has a 1-year low of $8.33 and a 1-year high of $11.00.

Nuveen Municipal Credit Opportunities Fund Company Profile

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) is a closed-end management investment company advised by Nuveen Asset Management, LLC. The fund seeks to provide current income that is generally exempt from regular federal income tax, with capital appreciation as a secondary objective.

NMCO invests primarily in municipal securities issued by states, cities, counties, special districts and other governmental or public entities in the United States. Its portfolio may emphasize lower-rated, unrated or otherwise credit-sensitive municipal bonds, allowing the fund to pursue opportunities across the municipal credit market while accepting greater credit and investment risk than funds focused solely on highly rated securities.

Nuveen is an asset-management company specializing in income-oriented and alternative investments, including municipal bonds.