Sector: Financials | Industry: Closed End Funds |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 333 W Wacker Drive CHICAGO IL 60606 |
Tel: | N/A |
Website: | https://www.nuveen.com/cef/Product/Overview.aspx?FundCode=NMZ |
IR: | See website |
Key People | ||
David J. Lamb Chief Administrative Officer | Jon Scott Meissner Vice President, Assistant Secretary | Brett E. Black Chief Compliance Officer, Vice President |
E. Scott Wickerham Vice President, Controller | Nathaniel T. Jones Vice President, Treasurer | Mark L. Winget Vice President, Company Secretary |
Mark J. Czarniecki Vice President, Assistant Secretary | Diana R. Gonzalez Vice President, Assistant Secretary | John M. Mccann Vice President, Assistant Secretary | Kevin J. Mccarthy Vice President, Assistant Secretary |
Business Overview |
Nuveen Municipal High Income Opportunity Fund (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is to provide high current income exempt from regular federal income tax. Its secondary investment objective is to seek attractive total return consistent with its primary objective. The Fund is focused on investing at least 80% of its assets in municipal securities and other related investments. The Fund may invest up to 75% of its managed assets in municipal securities rated, at the time of investment, Baa/BBB or lower by at least one nationally recognized statistical rating organization (NRSRO). It invests in various sectors, such as transportation, education and civic organizations, utilities, healthcare, housing/multifamily and other. Its portfolio is spread across areas, including Illinois, California, Florida, New York, Colorado, Wisconsin, Texas, Kentucky, and New Jersey. Its investment advisor is Nuveen Fund Advisors, LLC. |
Financial Overview |
For the fiscal year ended 31 October 2023, Nuveen Municipal High Income Oppty Fund revenues increased 2% to $101.8M. Net income totaled $7.3M vs. loss of $398.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Investments increase from $412M (expense) to $17.4M (income), Other decrease of 1% to $63K (expense). |