Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) Plans $0.07 Monthly Dividend

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.065 per share on Tuesday, September 3rd. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date is Thursday, August 15th.

Nuveen Municipal High Income Opportunity Fund Price Performance

Shares of Nuveen Municipal High Income Opportunity Fund stock traded down $0.03 during trading on Wednesday, reaching $11.06. 30,355 shares of the company’s stock were exchanged, compared to its average volume of 339,751. Nuveen Municipal High Income Opportunity Fund has a 1-year low of $8.26 and a 1-year high of $11.10. The firm’s 50-day moving average price is $10.77 and its 200 day moving average price is $10.51.

About Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.