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Nuveen Municipal High Income Opportunity Fund (NMZ)

National Muni Bond Funds - Muni High Yield

Data as of June 14, 2024
Market Price $10.87 (+ $0.02)
NAV (June 14, 2024) $11.46 (- $0.05)
Fund Listed NYSE MKT
Premium / Discount -5.15% (+0.59%)
Fund Info
Inception Nov. 19, 2003
Sponsor Nuveen Fund Advisors
Website https://www.nuveen.com...
Phone 800-257-8787
Location Illinois
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
Objective: High current income exempt from regular federal income tax. investment grade or below municipal securities
Related Indexes
15 Major CEF Sectors Index
High Yield Municipal Index
Tax-Sensitive Income Index
Capital & Leverage
Outstanding Shares 110,539,338
Total Assets (Reported: April 30, 2024) $2,014M
Estimated Total Assets $2,099M
Net Assets $1,267M
Market Cap $1,202M
Portfolio Turnover 27.00%
Total Leverage 39.66%
Structural Leverage (out of total) 44.68%
Portfolio Leverage (out of total) 55.32%
Expense Ratio 3.79%
Non Lev Exp Ratio 1.20%
Rel Lev Cost 3.94%
Discount Data
Average Discount (3 Yr) -2.68%
Discount Low(3 Yr) -12.25%
Discount High(3 Yr) 5.61%
Discount Rel Range (3 Yr) 39.76%
Comp Discount 3.50
Discount St Dev (1Yr) 2.41
Z-Stat (6mo) 1.41
Z-Stat (1Yr) 0.80
Z-Stat (3Yr) -0.58
Comp Z-Stat (6mo) 0.45
Comp Z-Stat (3Yr) -0.24
Distribution Data
Market Yield 7.23%
Income Yield 7.23%
Lev Adj NAV Yield 4.91%
Distribution Frequency M
Current Distribution $0.066
Current Income $0.066
Ex-Date 6/14/24
Payable Date 7/1/24
Div Growth (3yr) 0.77%
Dividend Change 37.9% on 6/3/24
Expected Div 7/1/24
RoC (1yr) 46.38%
RoC (3yr) 26.98%
Tax Dividend Data 2023
Income 2.5%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 2.1%
Volume & Liquidity
Average Daily $ (K) $2,774
Avg Volume 30 day 272,368
Avg Volume 90 day 255,157
Volume Trend 6.75%
Comp Volume Trend 7.72%
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): NMCO 87.0%
NAV - Price Correlation (30 d) 95.0%
NAV - Price Correlation (90 d) 86.8%
NAV - Price Correlation (1 Yr) 89.6%
Price St Dev (1Yr) 13.7%
NAV St Dev (1Yr) 8.3%
Earnings / Share (4/30/24) $0.041
Earn Coverage 62.90%
Earnings Trend Down
UNII / Share (4/30/24) $-0.053
Rel UNII -6.77
UNII Trend Down
Bond Specific Data
Maturity 22.92
Duration 16.27
Credit Rating (rbo) A
Investment Grade 41.10%
Non Investment Grade 8.40%
Unrated Bonds 50.60%
Average Bond Price 74.57
Discount vs Price -30.58
Coupon 5.83%
Zero Coupon 8.40%
AMT 16.58%
AMT Yield 6.90%
Bond Calls Risk 16.80%
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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