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Nuveen Dynamic Municipal Opportunities Fund (NDMO)

National Muni Bond Funds - Muni High Yield

Data as of June 14, 2024
Market Price $10.82 (- $0.07)
NAV (June 14, 2024) $11.15 (- $0.05)
Fund Listed NYSE
Premium / Discount -2.96% (-0.19%)
Fund Info
Inception Aug. 26, 2020
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date Sept. 1, 2032
Objective: Total return through income exempt from regular federal income taxes and capital appreciation
Related Indexes
High Yield Municipal Index
Term Municipal Fund Index
Tax-Sensitive Income Index
Capital & Leverage
Outstanding Shares 59,562,212
Total Assets (Reported: April 30, 2024) $905M
Estimated Total Assets $927M
Net Assets $664M
Market Cap $644M
Portfolio Turnover 79.00%
Total Leverage 28.37%
Structural Leverage (out of total) 93.37%
Portfolio Leverage (out of total) 6.63%
Expense Ratio 2.90%
Non Lev Exp Ratio 1.23%
Rel Lev Cost 4.22%
Discount Data
Average Discount (3 Yr) -2.42%
Discount Low(3 Yr) -10.16%
Discount High(3 Yr) 9.03%
Discount Rel Range (3 Yr) 37.53%
Comp Discount 5.69
Discount St Dev (1Yr) 2.72
Z-Stat (6mo) 0.20
Z-Stat (1Yr) 0.31
Z-Stat (3Yr) -0.14
Comp Z-Stat (6mo) -0.77
Comp Z-Stat (3Yr) 0.21
Distribution Data
Market Yield 6.88%
Income Yield 6.88%
Lev Adj NAV Yield 5.20%
Distribution Frequency M
Current Distribution $0.062
Current Income $0.062
Ex-Date 6/14/24
Payable Date 7/1/24
Div Growth (3yr) -18.95%
Dividend Change -19.0% on 3/1/23
Expected Div 7/1/24
RoC (1yr) 42.68%
RoC (3yr) 40.41%
Tax Dividend Data 2023
Income 2.0%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 50.4%
Volume & Liquidity
Average Daily $ (K) $1,526
Avg Volume 30 day 147,692
Avg Volume 90 day 141,051
Volume Trend 4.71%
Comp Volume Trend 5.68%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
Most Correlated Peer (Mk Pr): DMB 75.0%
NAV - Price Correlation (30 d) 41.4%
NAV - Price Correlation (90 d) 75.4%
NAV - Price Correlation (1 Yr) 80.5%
Price St Dev (1Yr) 15.8%
NAV St Dev (1Yr) 5.7%
Earnings / Share (10/31/23) $0.034
Earn Coverage 55.48%
Earnings Trend Down
UNII / Share (10/31/23) $0.002
Rel UNII 0.22
UNII Trend Up
Bond Specific Data
Maturity 17.78
Duration 11.35
Credit Rating (rbo) A
Investment Grade 49.30%
Non Investment Grade 11.40%
Unrated Bonds 39.40%
Average Bond Price 95.66
Discount vs Price -7.30
Coupon 5.60%
Zero Coupon 1.50%
AMT 27.76%
AMT Yield 6.34%
Bond Calls Risk 17.30%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index


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