Nuveen Municipal Credit Opportunities Fund

NMCO

Market cap $598M

Overview Fund Activity

10.91 USD

+0.01

0.09%

At close Updated Sep 16, 4:00 PM EDT

1 day

0.09%

5 days

1.21%

1 month

6.34%

3 months

4.2%

6 months

0.37%

Year to date

1.96%

1 year

-8.78%

5 years

-14.7%

10 years

-28.65%

About: Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

64% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 11

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0% more funds holding

Funds holding: 59 [Q1] → 59 (+0) [Q2]

1.36% less ownership

Funds ownership: 20.03% [Q1] → 18.67% (-1.36%) [Q2]

7% less capital invested

Capital invested by funds: $117M [Q1] → $110M (-$7.64M) [Q2]

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Financial journalist opinion

NMCO: Buying Opportunity Has Passed, CEF Gets Another Sell Rating

I maintain a Sell rating on Nuveen Municipal Credit Opps Fund due to its persistent underperformance, high leverage, and a narrow discount relative to peers. The NMCO fund's heavy allocation to low-rated and unrated municipal bonds increases risk, especially in a weaker economic environment. Distribution coverage remains weak, with a significant portion paid from return of capital, raising concerns about sustainability.

NMCO: Buying Opportunity Has Passed, CEF Gets Another Sell Rating

CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains

We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity and Muni sectors, and year-to-date gains in both NAVs and discounts. We take a look at why preferred CEFs have sharply outperformed their ETF counterparts last year.

CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains

Wall Street Is Missing The Boat On These Monthly Dividends

What's better than monthly dividends that add up to 7.2% to 15.4% yearly yields?

Wall Street Is Missing The Boat On These Monthly Dividends

Nuveen Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Nuveen Closed-End Funds Declare Distributions

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

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