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Nuveen Dynamic Municipal Opportunities Fund (NDMO)

National Muni Bond Funds - Muni High Yield

Data as of March 24, 2023
Market Price $10.41 (- $0.09)
NAV (March 24, 2023) $11.04 (+ $0.06)
Fund Listed NYSE
Premium / Discount -5.71% (-1.33%)
Fund Info
Inception Aug. 26, 2020
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
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 59,465,234
Total Assets (Reported: Jan. 30, 2023) $922M
Estimated Total Assets $899M
Net Assets $656M
Market Cap $619M
Portfolio Turnover 61.00%
Total Leverage 26.99%
Structural Leverage (out of total) 96.37%
Portfolio Leverage (out of total) 3.63%
Expense Ratio 2.05%
Non Lev Exp Ratio 1.32%
Rel Lev Cost 1.97%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -9.92%
Discount High(3 Yr) 9.03%
Discount Rel Range (3 Yr) 22.23%
Comp Discount 4.92
Discount St Dev (1Yr) 3.59
Z-Stat (6mo) -0.65
Z-Stat (1Yr) -0.52
Z-Stat (3Yr)
Comp Z-Stat (6mo) 0.66
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 7.15%
Income Yield 4.20%
Lev Adj NAV Yield 5.31%
Distribution Frequency M
Current Distribution $0.062
Current Income $0.036
Ex-Date 3/14/23
Payable Date 4/3/23
Div Growth (3yr) %
Dividend Change -19.0% on 3/1/23
Expected Div 4/3/23
RoC (1yr) 46.24%
RoC (3yr) 29.73%
Tax Dividend Data 2022
Income 4.5%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 45.4%
Volume & Liquidity
Average Daily $ (K) $2,202
Avg Volume 30 day 146,843
Avg Volume 90 day 211,521
Volume Trend -30.58%
Comp Volume Trend -12.39%
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): CMU 81.0%
NAV - Price Correlation (30 d) -47.7%
NAV - Price Correlation (90 d) 58.3%
NAV - Price Correlation (1 Yr) 88.3%
Price St Dev (1Yr) 23.8%
NAV St Dev (1Yr) 10.4%
Earnings / Share (10/31/22) $0.042
Earn Coverage 68.06%
Earnings Trend Up
UNII / Share (10/31/22) $0.001
Rel UNII 0.30
UNII Trend Down
Bond Specific Data
Maturity 19.50
Duration 12.94
Credit Rating (rbo) A
Investment Grade 44.10%
Non Investment Grade 10.50%
Unrated Bonds 45.40%
Average Bond Price 88.92
Discount vs Price -16.79
Coupon 5.09%
Zero Coupon 11.20%
AMT 19.15%
AMT Yield 6.76%
Bond Calls Risk 10.50%
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 CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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