Nuveen Municipal High Income Opportunity Fund Past Earnings Performance
Past criteria checks 1/6
Nuveen Municipal High Income Opportunity Fund's earnings have been declining at an average annual rate of -36.5%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 10.1% per year. Nuveen Municipal High Income Opportunity Fund's return on equity is 0.7%, and it has net margins of 7.1%.
Key information
-36.5%
Earnings growth rate
-36.5%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 10.1% |
| Return on equity | 0.7% |
| Net Margin | 7.1% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
NMZ: Still A Decent Muni Option For 2024
Feb 27NMZ: Take Profits Now Before The FOMC Disappoints The Market
Jan 04NMZ: Reiterating A Buy Case In The Latter Stages Of 2023
Aug 12NMZ: The Buy Case For High Yield Munis - It's Not For Everyone
Feb 23Nuveen Municipal High Income Opportunity Fund dividend declines by 15% to $ 0.0455
Jan 11Nuveen Municipal High Income Opportunity Fund declares $0.0535 dividend
Nov 04Nuveen Municipal High Income Opportunity Fund declares $0.0535 dividend
Oct 06Nuveen Municipal High Income Opportunity Fund declares $0.059 dividend
Sep 02Nuveen Municipal High Income Opportunity Fund lowered monthly dividend by 9.2%
Jul 06NMZ: Reaching For Yield Through Munis Can Make Sense
Nov 20NMZ: A Good Choice For A Rising Rate World
Oct 22Nuveen Municipal High Income Opportunity Fund declares $0.062 dividend
Jan 05NMZ: Offering A Very Competitive After-Tax Yield
Dec 01Nuveen Municipal High Income Opportunity Fund declares $0.062 dividend
Nov 03Revenue & Expenses BreakdownBeta
How Nuveen Municipal High Income Opportunity Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Oct 23 | 102 | 7 | 14 | 0 |
| 31 Jul 23 | 103 | -12 | 14 | 0 |
| 30 Apr 23 | 105 | -31 | 14 | 0 |
| 31 Jan 23 | 103 | -215 | 14 | 0 |
| 31 Oct 22 | 100 | -399 | 15 | 0 |
| 31 Jul 22 | 95 | -280 | 15 | 0 |
| 30 Apr 22 | 90 | -161 | 15 | 0 |
| 31 Jan 22 | 87 | 5 | 14 | 0 |
| 31 Oct 21 | 83 | 172 | 14 | 0 |
| 31 Jul 21 | 82 | 211 | 13 | 0 |
| 30 Apr 21 | 80 | 250 | 12 | 0 |
| 31 Jan 21 | 76 | 121 | 11 | 0 |
| 31 Oct 20 | 73 | -8 | 11 | 0 |
| 31 Jul 20 | 70 | -42 | 10 | 0 |
| 30 Apr 20 | 67 | -77 | 10 | 0 |
| 31 Jan 20 | 68 | 25 | 10 | 0 |
| 31 Oct 19 | 69 | 126 | 9 | 0 |
| 31 Jul 19 | 70 | 101 | 9 | 0 |
| 30 Apr 19 | 71 | 75 | 9 | 0 |
| 31 Jan 19 | 70 | 39 | 9 | 0 |
| 31 Oct 18 | 69 | 3 | 9 | 0 |
| 31 Jul 18 | 66 | 27 | 9 | 0 |
| 30 Apr 18 | 64 | 51 | 9 | 0 |
| 31 Jan 18 | 62 | 44 | 9 | 0 |
| 31 Oct 17 | 61 | 38 | 8 | 0 |
| 31 Jul 17 | 60 | 20 | 8 | 0 |
| 30 Apr 17 | 59 | 3 | 8 | 0 |
| 31 Jan 17 | 58 | 26 | 8 | 0 |
| 31 Oct 16 | 57 | 49 | 8 | 0 |
| 31 Jul 16 | 56 | 51 | 8 | 0 |
| 30 Apr 16 | 54 | 53 | 7 | 0 |
| 31 Jan 16 | 54 | 48 | 7 | 0 |
| 31 Oct 15 | 54 | 44 | 7 | 0 |
| 31 Jul 15 | 55 | 61 | 7 | 0 |
| 30 Apr 15 | 55 | 78 | 7 | 0 |
| 31 Jan 15 | 55 | 95 | 7 | 0 |
| 31 Oct 14 | 55 | 113 | 7 | 0 |
| 31 Jul 14 | 53 | 74 | 7 | 0 |
| 30 Apr 14 | 51 | 34 | 6 | 0 |
| 31 Jan 14 | 46 | 14 | 6 | 0 |
| 31 Oct 13 | 41 | -7 | 5 | 0 |
| 31 Jul 13 | 37 | 23 | 5 | 0 |
| 30 Apr 13 | 33 | 53 | 4 | 0 |
Quality Earnings: NMZ has a large one-off loss of $49.6M impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: NMZ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NMZ's earnings have declined by 36.5% per year over the past 5 years.
Accelerating Growth: NMZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NMZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.3%).
Return on Equity
High ROE: NMZ's Return on Equity (0.7%) is considered low.