Nuveen Municipal High Income Oppty Fund (NYSE:NMZ)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.82 and traded as low as $13.65. Nuveen Municipal High Income Oppty Fund shares last traded at $13.73, with a volume of 224,643 shares trading hands.
The firm’s 50 day moving average price is $14.32 and its 200 day moving average price is $13.82.
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be paid a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 5.25%. The ex-dividend date is Thursday, September 12th.
Nuveen Municipal High Income Oppty Fund Company Profile (NYSE:NMZ)
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.
Further Reading: How Investors Use a Balance Sheet
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