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Nuveen Dynamic Municipal Opportunities Fund (NDMO)

National Muni Bond Funds - Muni High Yield

Data as of Sept. 20, 2023
Market Price $10.00 (- $0.09)
NAV (Sept. 20, 2023) $10.46 (- $0.01)
Fund Listed NYSE
Premium / Discount -4.40% (-0.77%)
Fund Info
Inception Aug. 26, 2020
Sponsor Nuveen Fund Advisors
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 59,535,109
Total Assets (Reported: July 30, 2023) $889M
Estimated Total Assets $854M
Net Assets $623M
Market Cap $595M
Portfolio Turnover 35.00%
Total Leverage 27.04%
Structural Leverage (out of total) 99.74%
Portfolio Leverage (out of total) 0.26%
Expense Ratio 2.73%
Non Lev Exp Ratio 1.25%
Rel Lev Cost 3.99%
Discount Data
Average Discount (3 Yr) -1.31%
Discount Low(3 Yr) -9.92%
Discount High(3 Yr) 9.03%
Discount Rel Range (3 Yr) 29.14%
Comp Discount 6.72
Discount St Dev (1Yr) 3.44
Z-Stat (6mo) -0.39
Z-Stat (1Yr) -0.34
Z-Stat (3Yr) -0.79
Comp Z-Stat (6mo) 0.45
Comp Z-Stat (3Yr) 0.47
Distribution Data
Market Yield 7.44%
Income Yield 3.72%
Lev Adj NAV Yield 5.60%
Distribution Frequency M
Current Distribution $0.062
Current Income $0.031
Ex-Date 9/14/23
Payable Date 10/2/23
Div Growth (3yr) -18.95%
Dividend Change -19.0% on 3/1/23
Expected Div 10/2/23
RoC (1yr) 49.14%
RoC (3yr) 32.79%
Tax Dividend Data 2022
Income 4.5%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 45.4%
Volume & Liquidity
Average Daily $ (K) $1,352
Avg Volume 30 day 118,063
Avg Volume 90 day 135,238
Volume Trend -12.70%
Comp Volume Trend -12.56%
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): NZF 81.0%
NAV - Price Correlation (30 d) 86.6%
NAV - Price Correlation (90 d) 29.4%
NAV - Price Correlation (1 Yr) 69.5%
Price St Dev (1Yr) 20.6%
NAV St Dev (1Yr) 6.5%
Earnings / Share (4/30/23) $0.037
Earn Coverage 60.16%
Earnings Trend Down
UNII / Share (4/30/23) $-0.205
Rel UNII -55.11
UNII Trend Down
Bond Specific Data
Maturity 17.23
Duration 11.72
Credit Rating (rbo) A
Investment Grade 50.40%
Non Investment Grade 8.80%
Unrated Bonds 40.70%
Average Bond Price 93.91
Discount vs Price -10.49
Coupon 5.28%
Zero Coupon 2.00%
AMT 25.83%
AMT Yield 6.90%
Bond Calls Risk 13.20%
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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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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