CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

Nuveen Municipal Credit Opportunities Fund (NMCO)

National Muni Bond Funds - Muni High Yield

Data as of Feb. 23, 2024
Current
Market Price $10.44 (+ $0.04)
NAV (Feb. 23, 2024) $11.60 (+ $0.03)
Fund Listed NYSE
Premium / Discount -10.00% (+0.11%)
Fund Info
Inception Sept. 16, 2019
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Phone
NAV Symbol XNMCX
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date Oct. 1, 2031
Objective: seeks to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return
Related Indexes
High Yield Municipal Index
Term Municipal Fund Index
Tax-Sensitive Income Index
Capital & Leverage
Outstanding Shares 54,801,890
Total Assets (Reported: Dec. 31, 2023) $1,061M
Estimated Total Assets $1,077M
Net Assets $636M
Market Cap $572M
Portfolio Turnover 34.00%
Total Leverage 40.97%
Structural Leverage (out of total) 95.41%
Portfolio Leverage (out of total) 4.59%
Expense Ratio 4.79%
Non Lev Exp Ratio 1.67%
Rel Lev Cost 4.49%
Discount Data
Average Discount (3 Yr) -4.20%
Discount Low(3 Yr) -14.40%
Discount High(3 Yr) 2.40%
Discount Rel Range (3 Yr) 25.51%
Comp Discount -0.14
Discount St Dev (1Yr) 3.18
Z-Stat
Z-Stat (6mo) -0.17
Z-Stat (1Yr) -0.71
Z-Stat (3Yr) -1.62
Comp Z-Stat (6mo) -1.22
Comp Z-Stat (3Yr) -0.93
Distribution Data
Market Yield 5.23%
Income Yield 5.23%
Lev Adj NAV Yield 3.34%
Distribution Frequency M
Current Distribution $0.046
Current Income $0.046
Ex-Date 2/14/24
Payable Date 3/1/24
Div Growth (3yr) -26.61%
Dividend Change -9.0% on 10/2/23
Expected Div 3/1/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $3,067
Avg Volume 30 day 214,875
Avg Volume 90 day 293,768
Volume Trend -26.86%
Comp Volume Trend -3.96%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
46.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
58.0%
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
83.0%
Most Correlated Peer (Mk Pr): NMZ 80.0%
NAV - Price Correlation (30 d) 89.7%
NAV - Price Correlation (90 d) 51.8%
NAV - Price Correlation (1 Yr) 88.4%
Price St Dev (1Yr) 15.7%
NAV St Dev (1Yr) 7.8%
Earnings
Earnings / Share (1/31/24) $0.039
Earn Coverage 85.49%
Earnings Trend Up
UNII / Share (1/31/24) $-0.078
Rel UNII -14.25
UNII Trend Down
Bond Specific Data
Maturity 20.20
Duration 16.34
Credit Rating (rbo) BBB
Investment Grade 22.10%
Non Investment Grade 14.70%
Unrated Bonds 63.20%
Average Bond Price 62.48
Discount vs Price -47.52
Coupon 5.60%
Zero Coupon 12.10%
AMT 28.76%
AMT Yield 4.81%
Bond Calls Risk 28.70%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.22
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.80
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index
1.01

DISCLOSURES:

CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. 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.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.