Nuveen Municipal High Income Opportunity Fund (NMZ) To Go Ex-Dividend on September 15th

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0655 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Municipal High Income Opportunity Fund Trading Down 1.0%

NMZ stock opened at $9.79 on Thursday. The company has a fifty day moving average price of $10.26 and a 200 day moving average price of $10.31. Nuveen Municipal High Income Opportunity Fund has a 12 month low of $9.78 and a 12 month high of $10.77.

About Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ) is a closed-end management investment company that seeks to provide high current income exempt from federal income tax. The fund accomplishes this objective primarily through investments in a diversified portfolio of municipal obligations issued by state and local governments and their agencies across the United States. These securities may include general obligation bonds, revenue bonds, auction-rate securities and other types of tax-exempt debt.

To enhance yield, the fund employs leverage by borrowing against its assets, a strategy common among closed-end municipal funds.