Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) to Issue Monthly Dividend of $0.07

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZGet Rating) declared a monthly dividend on Monday, May 2nd, Zacks reports. Shareholders of record on Friday, May 13th will be given a dividend of 0.065 per share on Wednesday, June 1st. This represents a $0.78 annualized dividend and a yield of 6.50%. The ex-dividend date is Thursday, May 12th.

NYSE:NMZ opened at $12.00 on Tuesday. Nuveen Municipal High Income Opportunity Fund has a 12 month low of $11.81 and a 12 month high of $15.86. The business’s 50-day moving average is $12.81 and its two-hundred day moving average is $13.95.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new stake in shares of Nuveen Municipal High Income Opportunity Fund during the fourth quarter worth about $265,000. NewEdge Advisors LLC increased its position in shares of Nuveen Municipal High Income Opportunity Fund by 8.1% during the fourth quarter. NewEdge Advisors LLC now owns 19,239 shares of the company’s stock worth $291,000 after acquiring an additional 1,440 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Nuveen Municipal High Income Opportunity Fund by 16.6% during the fourth quarter. Cetera Investment Advisers now owns 24,899 shares of the company’s stock worth $376,000 after acquiring an additional 3,540 shares during the last quarter. Invesco Ltd. increased its position in shares of Nuveen Municipal High Income Opportunity Fund by 130.6% during the third quarter. Invesco Ltd. now owns 100,434 shares of the company’s stock worth $1,482,000 after acquiring an additional 56,877 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Nuveen Municipal High Income Opportunity Fund by 2.2% during the fourth quarter. LPL Financial LLC now owns 140,490 shares of the company’s stock worth $2,124,000 after acquiring an additional 2,983 shares during the last quarter.

About Nuveen Municipal High Income Opportunity Fund (Get Rating)

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.

Read More

Dividend History for Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ)

Receive News & Ratings for Nuveen Municipal High Income Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Municipal High Income Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.