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Nuveen Municipal High Income Opportunity Fund NYSE:NMZ Stock Report

Last Price

US$10.53

Market Cap

US$1.2b

7D

1.5%

1Y

2.7%

Updated

21 Mar, 2024

Data

Company Financials

Nuveen Municipal High Income Opportunity Fund

NYSE:NMZ Stock Report

Market Cap: US$1.2b

NMZ Stock Overview

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc.

NMZ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends3/6

Nuveen Municipal High Income Opportunity Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Municipal High Income Opportunity Fund
Historical stock prices
Current Share PriceUS$10.53
52 Week HighUS$11.14
52 Week LowUS$8.26
Beta0.61
1 Month Change2.53%
3 Month Change5.94%
1 Year Change2.73%
3 Year Change-26.36%
5 Year Change-22.52%
Change since IPO-30.95%

Recent News & Updates

NMZ: Still A Decent Muni Option For 2024

Feb 27

NMZ: Take Profits Now Before The FOMC Disappoints The Market

Jan 04

NMZ: Reiterating A Buy Case In The Latter Stages Of 2023

Aug 12

Recent updates

NMZ: Still A Decent Muni Option For 2024

Feb 27

NMZ: Take Profits Now Before The FOMC Disappoints The Market

Jan 04

NMZ: Reiterating A Buy Case In The Latter Stages Of 2023

Aug 12

NMZ: The Buy Case For High Yield Munis - It's Not For Everyone

Feb 23

Nuveen Municipal High Income Opportunity Fund dividend declines by 15% to $ 0.0455

Jan 11

Nuveen Municipal High Income Opportunity Fund declares $0.0535 dividend

Nov 04

Nuveen Municipal High Income Opportunity Fund declares $0.0535 dividend

Oct 06

Nuveen Municipal High Income Opportunity Fund declares $0.059 dividend

Sep 02

Nuveen Municipal High Income Opportunity Fund lowered monthly dividend by 9.2%

Jul 06

NMZ: Reaching For Yield Through Munis Can Make Sense

Nov 20

NMZ: A Good Choice For A Rising Rate World

Oct 22

Nuveen Municipal High Income Opportunity Fund declares $0.062 dividend

Jan 05

NMZ: Offering A Very Competitive After-Tax Yield

Dec 01

Nuveen Municipal High Income Opportunity Fund declares $0.062 dividend

Nov 03

Shareholder Returns

NMZUS Capital MarketsUS Market
7D1.5%0.6%1.0%
1Y2.7%31.9%31.2%

Return vs Industry: NMZ underperformed the US Capital Markets industry which returned 31.9% over the past year.

Return vs Market: NMZ underperformed the US Market which returned 31.2% over the past year.

Price Volatility

Is NMZ's price volatile compared to industry and market?
NMZ volatility
NMZ Average Weekly Movement1.4%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: NMZ has not had significant price volatility in the past 3 months.

Volatility Over Time: NMZ's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NMZ&refsrc=vu_nuveen.com/nmz

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.

Nuveen Municipal High Income Opportunity Fund Fundamentals Summary

How do Nuveen Municipal High Income Opportunity Fund's earnings and revenue compare to its market cap?
NMZ fundamental statistics
Market capUS$1.17b
Earnings (TTM)US$7.26m
Revenue (TTM)US$101.78m

160.4x

P/E Ratio

11.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NMZ income statement (TTM)
RevenueUS$101.78m
Cost of RevenueUS$0
Gross ProfitUS$101.78m
Other ExpensesUS$94.52m
EarningsUS$7.26m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.066
Gross Margin100.00%
Net Profit Margin7.13%
Debt/Equity Ratio39.3%

How did NMZ perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

852%

Payout Ratio
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