Nuveen Municipal High Income Opportunity Fund (NMZ) to Issue Monthly Dividend of $0.07 on November 2nd

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.0655 per share on Monday, November 2nd. This represents a $0.79 annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen Municipal High Income Opportunity Fund Price Performance

NYSE NMZ opened at $8.94 on Friday. The firm has a 50-day moving average price of $9.78 and a two-hundred day moving average price of $10.12. Nuveen Municipal High Income Opportunity Fund has a 12-month low of $8.70 and a 12-month high of $10.77.

Nuveen Municipal High Income Opportunity Fund Company Profile

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) is a closed-end investment company managed by Nuveen. The fund seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal securities issued by states, cities, counties and other public entities in the United States.

The fund focuses on higher-yielding municipal bonds, including securities that may carry lower credit ratings or be considered below investment grade. Its portfolio may include tax-exempt bonds financing public infrastructure, essential services and other governmental or community projects.