Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Plans Monthly Dividend of $0.05

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCOGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Stockholders of record on Monday, April 15th will be given a dividend of 0.05 per share on Wednesday, May 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date of this dividend is Friday, April 12th.

Nuveen Municipal Credit Opportunities Fund Price Performance

NMCO opened at $10.47 on Wednesday. Nuveen Municipal Credit Opportunities Fund has a 12-month low of $8.52 and a 12-month high of $11.64. The business’s fifty day simple moving average is $10.41 and its 200-day simple moving average is $9.98.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Stifel Financial Corp boosted its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 2.7% in the 2nd quarter. Stifel Financial Corp now owns 33,672 shares of the company’s stock valued at $364,000 after acquiring an additional 897 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 2.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 88,631 shares of the company’s stock valued at $949,000 after acquiring an additional 2,116 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 7.8% in the 2nd quarter. Osaic Holdings Inc. now owns 35,322 shares of the company’s stock valued at $382,000 after acquiring an additional 2,545 shares during the last quarter. Creative Planning boosted its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 15.7% in the 3rd quarter. Creative Planning now owns 21,400 shares of the company’s stock valued at $207,000 after acquiring an additional 2,900 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 24.3% in the 1st quarter. Raymond James & Associates now owns 27,778 shares of the company’s stock valued at $375,000 after acquiring an additional 5,425 shares during the last quarter.

Nuveen Municipal Credit Opportunities Fund Company Profile

(Get Free Report)

Nuveen Municipal Credit Opportunities Fund (NMCO) seeks to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. The Fund invests primarily in high yielding, low- to medium-quality municipal securities that, at the time of investment, are rated Baa/BBB or lower or, if unrated, are judged by the portfolio managers to be of comparable quality.

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Dividend History for Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO)

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