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Nuveen Municipal High Income Opportunity Fund (NMZ)

National Muni Bond Funds - Muni High Yield

Data as of Sept. 29, 2023
Market Price $9.28 (+ $0.09)
NAV (Sept. 29, 2023) $9.94 (+ $0.05)
Fund Listed NYSE MKT
Premium / Discount -6.64% (+0.44%)
Fund Info
Inception Nov. 19, 2003
Sponsor Nuveen Fund Advisors
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: Aug. 30, 2023) $1,964M
Estimated Total Assets $1,835M
Net Assets $1,099M
Market Cap $1,026M
Portfolio Turnover 16.00%
Total Leverage 40.12%
Structural Leverage (out of total) 45.29%
Portfolio Leverage (out of total) 54.71%
Expense Ratio 3.57%
Non Lev Exp Ratio 1.16%
Rel Lev Cost 3.60%
Discount Data
Average Discount (3 Yr) -0.39%
Discount Low(3 Yr) -8.85%
Discount High(3 Yr) 5.61%
Discount Rel Range (3 Yr) 12.24%
Comp Discount 5.06
Discount St Dev (1Yr) 1.96
Z-Stat (6mo) -2.14
Z-Stat (1Yr) -1.56
Z-Stat (3Yr) -2.21
Comp Z-Stat (6mo) -1.00
Comp Z-Stat (3Yr) -0.75
Distribution Data
Market Yield 5.88%
Income Yield 5.88%
Lev Adj NAV Yield 3.92%
Distribution Frequency M
Current Distribution $0.046
Current Income $0.046
Ex-Date 9/14/23
Payable Date 10/2/23
Div Growth (3yr) -26.61%
Dividend Change -15.0% on 1/3/23
Expected Div 10/2/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $3,200
Avg Volume 30 day 430,072
Avg Volume 90 day 344,798
Volume Trend 24.73%
Comp Volume Trend 13.52%
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 91.0%
NAV - Price Correlation (30 d) 97.4%
NAV - Price Correlation (90 d) 96.4%
NAV - Price Correlation (1 Yr) 83.6%
Price St Dev (1Yr) 14.8%
NAV St Dev (1Yr) 9.4%
Earnings / Share (8/31/23) $0.043
Earn Coverage 94.29%
Earnings Trend Down
UNII / Share (8/31/23) $-0.036
Rel UNII -6.52
UNII Trend Down
Bond Specific Data
Maturity 23.14
Duration 18.25
Credit Rating (rbo) A
Investment Grade 39.10%
Non Investment Grade 7.50%
Unrated Bonds 53.50%
Average Bond Price 71.12
Discount vs Price -35.52
Coupon 5.23%
Zero Coupon 7.75%
AMT 14.70%
AMT Yield 5.64%
Bond Calls Risk 14.70%
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

DISCLOSURES: 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 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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