Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) Share Price Passes Above 200-Day Moving Average of $0.00

Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $13.92. Nuveen Municipal High Income Oppty Fund shares last traded at $13.90, with a volume of 1,100 shares.

The stock has a 50 day moving average price of $13.86.

The business also recently declared a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.72 dividend on an annualized basis and a yield of 5.18%.

A hedge fund recently bought a new stake in Nuveen Municipal High Income Oppty Fund stock. Rehmann Capital Advisory Group acquired a new stake in Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,908 shares of the company’s stock, valued at approximately $26,000.

About Nuveen Municipal High Income Oppty Fund (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.

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