Nuveen Municipal Credit Opportunities/$NMCO

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About Nuveen Municipal Credit Opportunities

Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.
Ticker
$NMCO
Sector
Finance
Primary listing
NYSE
Employees
-
Headquarters
Chicago, United States

NMCO Metrics

BasicAdvanced
$486M
18.14
$0.48
0.87
$0.82
9.46%

Bulls say / Bears say

Nuveen says high-yield municipal bonds yielded 5.65% on average at the end of July and sees new-issue yields and spread premiums as opportunities for income and price gains. It plans to invest some rights-offer proceeds in these bonds. (Nuveen)
Nuveen describes state and local government finances as strong and sees opportunities in high-yield as well as higher-grade munis. That supportive backdrop could help the issuers held by NMCO meet their obligations. (Nuveen)
NMCO has declared a regular monthly distribution and aims to distribute substantially all its net investment income. Its focus on federally tax-exempt municipal bonds may suit investors seeking recurring tax-efficient income. (FT.com, Nuveen)
Rising rates have pressured muni prices: Nuveen reported municipal bonds down 3.63% year to date through 25 September, while Bloomberg reported yields climbing amid Treasury-rate increases and heavy new issuance. NMCO’s bond portfolio is exposed to further rate-driven losses. (Nuveen, Bloomberg)
Municipal-fund demand has weakened: investors withdrew about $1.8 billion from the market in one week, ending a 21-week run of inflows. Further outflows could add pressure to muni prices and the value of NMCO’s holdings. (Bloomberg)
NMCO targets lower- and medium-quality municipal bonds and uses leverage, leaving it exposed to issuer problems. Nuveen warns that high-yield municipal holdings carry heightened credit risk and that leverage brings additional risks. (Nuveen, Nuveen)
Data summarised monthly by Lightyear AI. Last updated on 30 Sept 2026.

NMCO Financial Performance

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NMCO News

AllArticlesVideos

Nuveen Municipal Credit Opportunities Fund Declares Distribution

Business Wire2 weeks ago

Nuveen Municipal Credit Opportunities Fund Announces Terms of Rights Offering

Business Wire1 month ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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