Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO – Get Free Report) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.0685 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Friday, February 13th.
Nuveen Municipal Credit Opportunities Fund Trading Up 0.6%
Shares of NYSE:NMCO traded up $0.06 on Tuesday, hitting $10.75. The company’s stock had a trading volume of 58,092 shares, compared to its average volume of 160,325. Nuveen Municipal Credit Opportunities Fund has a 12 month low of $9.69 and a 12 month high of $11.32. The stock’s 50-day moving average is $10.49 and its two-hundred day moving average is $10.55.
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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