Nuveen Municipal Credit Opportunities Fund to Issue Monthly Dividend of $0.07 (NYSE:NMCO)

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) announced a monthly dividend on Monday, March 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.0685 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen Municipal Credit Opportunities Fund Stock Performance

Shares of NYSE NMCO traded down $0.09 during trading on Wednesday, reaching $10.78. 67,007 shares of the company traded hands, compared to its average volume of 147,044. The firm has a 50 day simple moving average of $10.59 and a 200-day simple moving average of $10.64. Nuveen Municipal Credit Opportunities Fund has a 52-week low of $9.69 and a 52-week high of $11.27.

About Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) is a closed-end management investment company that seeks to provide high current income exempt from federal income tax and, to the extent reasonably possible, exempt from or subject to limited United States state and local income taxes. The fund pursues its objective by primarily investing in a broad range of municipal securities, including investment-grade and below-investment-grade debt obligations issued by states, municipalities, public authorities and other political subdivisions across the United States.

NMCO’s portfolio construction emphasizes credit selection and active management strategies to target undervalued opportunities in both public and private municipal markets.