Shares of Nuveen Municipal High Income Opportunity Fund $0.01 par value per share (NYSE:NMZ) traded today at $15.45, eclipsing its 52-week high. Approximately 129,000 shares have changed hands today, as compared to an average 30-day volume of 243,000 shares.
Nuveen Municipal High Income Opportunity Fund $0.01 par value per share (NYSE:NMZ) is currently priced 1.6% above its average consensus analyst price target of $15.18.
Nuveen Municipal High Income Opp Fund is a diversified, closed-end management investment company. The company's investment objectives is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain U.S. territories. It seeks to provide attractive monthly tax-free income, portfolio diversification and attractive after tax total returns. The fund invests in municipal securities that are exempt from federal income taxes.
Over the past year, Nuveen Municipal High Income Opportunity Fund $0.01 par value per share has traded in a range of $13.15 to $15.45 and is now at $15.42, 17% above that low.
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