Nuveen Municipal Credit Opportunities Fund (NMCO) to Issue Monthly Dividend of $0.07 on December 1st

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.0685 per share on Monday, December 1st. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Friday, November 14th.

Nuveen Municipal Credit Opportunities Fund Stock Down 0.6%

NYSE NMCO traded down $0.07 during midday trading on Wednesday, hitting $10.88. 54,449 shares of the company traded hands, compared to its average volume of 159,673. Nuveen Municipal Credit Opportunities Fund has a 52 week low of $9.69 and a 52 week high of $11.38. The company’s 50-day simple moving average is $10.81 and its 200-day simple moving average is $10.52.

Institutional Trading of Nuveen Municipal Credit Opportunities Fund

A number of institutional investors have recently modified their holdings of NMCO. Bernard Wealth Management Corp. bought a new position in shares of Nuveen Municipal Credit Opportunities Fund during the 2nd quarter worth approximately $30,000. Plancorp LLC purchased a new stake in shares of Nuveen Municipal Credit Opportunities Fund during the 1st quarter valued at $107,000. River Street Advisors LLC purchased a new stake in shares of Nuveen Municipal Credit Opportunities Fund during the 2nd quarter valued at $115,000. Elequin Capital LP acquired a new stake in shares of Nuveen Municipal Credit Opportunities Fund in the 1st quarter worth $122,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in Nuveen Municipal Credit Opportunities Fund by 11.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 11,711 shares of the company’s stock worth $126,000 after buying an additional 1,206 shares during the last quarter.

About Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Credit Opportunities Fund (NMCO) seeks to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. The Fund invests primarily in high yielding, low- to medium-quality municipal securities that, at the time of investment, are rated Baa/BBB or lower or, if unrated, are judged by the portfolio managers to be of comparable quality.