Nuveen Municipal Credit Opportunities Fund Declares Monthly Dividend of $0.07 (NYSE:NMCO)

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) announced a monthly dividend on Wednesday, August 26th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.0685 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Municipal Credit Opportunities Fund Stock Up 0.2%

NYSE:NMCO traded up $0.02 during trading hours on Friday, reaching $9.66. 304,495 shares of the company’s stock were exchanged, compared to its average volume of 185,382. Nuveen Municipal Credit Opportunities Fund has a 1-year low of $9.59 and a 1-year high of $11.00. The company has a 50-day moving average of $10.43 and a 200 day moving average of $10.61.

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.