NMZ
Price:
$10.59
Market Cap:
$1.22B
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. The fund was formerly known as Nuveen Municipal High Yield Opportunity Fund. Nuveen Municipal High Income Opportunity Fund was founded in November 19, 2003 and is based in the United States.
Industry
Asset Management - Income
IPO Date
2003-11-20
Stock Exchange
NYSE
Ticker
NMZ
According to Nuveen Municipal High Income Opportunity Fund’s latest financial reports and current stock price. The company's current ROE is 2.02%. This represents a change of 153.90% compared to the average of 0.80% of the last 4 quarters.
The mean historical ROE of Nuveen Municipal High Income Opportunity Fund over the last ten years is 2.69%. The current 2.02% ROE has changed -24.70% with respect to the historical average. Over the past ten years (40 quarters), NMZ's ROE was at its highest in in the April 2012 quarter at 17.04%. The ROE was at its lowest in in the October 2022 quarter at -17.79%.
Average
2.69%
Median
5.30%
Minimum
-36.46%
Maximum
20.72%
Discovering the peaks and valleys of Nuveen Municipal High Income Opportunity Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 3.70%
Maximum Annual ROE = 20.72%
Minimum Annual Increase = -1885.63%
Minimum Annual ROE = -36.46%
| Year | ROE | Change |
|---|---|---|
| 2024 | 20.72% | 2.89% |
| 2023 | 0.69% | -101.90% |
| 2022 | -36.46% | -397.91% |
| 2021 | 12.24% | -1885.63% |
| 2020 | -0.69% | -105.26% |
| 2019 | 13.03% | 3.70% |
| 2018 | 0.34% | -92.20% |
| 2017 | 4.40% | -29.07% |
| 2016 | 6.20% | -3.18% |
| 2015 | 6.41% | -61.11% |
The current ROE of Nuveen Municipal High Income Opportunity Fund (NMZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-5.02%
5-year avg
-0.70%
10-year avg
2.69%
Nuveen Municipal High Income Opportunity Fund’s ROE is less than Nuveen Floating Rate Income Fund (10.38%), less than Eaton Vance Limited Duration Income Fund (7.46%), less than Virtus Dividend, Interest & Premium Strategy Fund (9.50%), less than Nuveen S&P 500 Buy-Write Income Fund (8.26%), greater than T. Rowe Price Retirement 2005 Fund (0%), greater than Payden Equity Income Fund (0%), less than Nuveen Nasdaq 100 Dynamic Overwrite Fund (9.24%), greater than Principal LifeTime 2055 Fund (0%), less than Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (22.09%), less than DoubleLine Income Solutions Fund (8.35%),
| Company | ROE | Market cap |
|---|---|---|
| 10.38% | $1.06B | |
| 7.46% | $1.18B | |
| 9.50% | $1.24B | |
| 8.26% | $1.51B | |
| 0% | $1.22B | |
| 0% | $1.27B | |
| 9.24% | $1.38B | |
| 0% | $1.23B | |
| 22.09% | $1.08B | |
| 8.35% | $1.30B |
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