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Nuveen Municipal High Income Opportunity Fund (NMZ)

NYSE Financial Services Asset Management - Income
$10.23 ▼ -0.49%
Market Cap
$1.20B
Sector
Financial Services
Industry
Asset Management - Income
Beta
0.72
52-Wk Range
9.92-10.77
CEO
Nathaniel T. Jones
Country
US
Currency
USD

Nuveen Municipal High Income Opportunity Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $10.23, down 0.49% on the session, giving a market capitalisation of $1.20B. On trailing twelve-month figures it carries a trailing P/E of 16.72, a net margin of 79.5%. Its beta of 0.72 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
16.72
Price / Sales
12.50
Price / Book
0.99
EV / EBITDA
25.45
Gross margin
86.4%
Operating margin
107.5%
Net margin
79.5%
Return on equity
Debt / equity
0.65
Current ratio
0.00
Dividend yield
7.7%
Payout ratio
117.7%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
2003-11-20
Headquarters
Chicago, IL, US
About Nuveen Municipal High Income Opportunity Fund

Established in the United States on November 19, 2003, the Nuveen Municipal High Income Opportunity Fund operates as a closed-end fixed income mutual fund. Nuveen Investments Inc. originally launched this fund, which is now jointly managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its investment strategy concentrates on the US fixed income markets, specifically targeting investment-grade, tax-exempt municipal securities as its primary holdings. This fund was previously identified as the Nuveen Municipal High Yield Opportunity Fund.

Comparable companies

Nuveen Municipal High Income Opportunity Fund is most often compared with the following Financial Services names:

BXMXDSLEVVJFRLTFIXNFJPTAPYVLXQQQXTRRFX
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