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

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

Nuveen Municipal Credit Opportunities Fund Stock Down 0.1 %

Shares of Nuveen Municipal Credit Opportunities Fund stock opened at $10.47 on Wednesday. The business’s 50 day simple moving average is $10.41 and its two-hundred day simple moving average is $9.98. Nuveen Municipal Credit Opportunities Fund has a one year low of $8.52 and a one year high of $11.64.

Hedge Funds Weigh In On Nuveen Municipal Credit Opportunities Fund

Several hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC increased its stake in shares of Nuveen Municipal Credit Opportunities Fund by 77.2% during the fourth quarter. Citadel Advisors LLC now owns 19,704 shares of the company’s stock valued at $196,000 after buying an additional 8,583 shares during the period. Cohen & Steers Inc. increased its stake in shares of Nuveen Municipal Credit Opportunities Fund by 103.2% during the fourth quarter. Cohen & Steers Inc. now owns 30,000 shares of the company’s stock valued at $299,000 after buying an additional 15,237 shares during the period. Royal Bank of Canada increased its stake in shares of Nuveen Municipal Credit Opportunities Fund by 387.2% during the fourth quarter. Royal Bank of Canada now owns 398,734 shares of the company’s stock valued at $3,975,000 after buying an additional 316,895 shares during the period. LM Advisors LLC bought a new stake in shares of Nuveen Municipal Credit Opportunities Fund during the fourth quarter valued at approximately $119,000. Finally, Nomura Holdings Inc. bought a new stake in shares of Nuveen Municipal Credit Opportunities Fund during the fourth quarter valued at approximately $324,000.

About Nuveen Municipal Credit Opportunities Fund

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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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