Shares of Nuveen Municipal High Income Opportunity Fund $0.01 par value per share (NYSE:NMZ) traded at a new 52-week high today of $15.18. This new high was reached on below average trading volume as 83,000 shares traded hands, while the average 30-day volume is approximately 176,000 shares.
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.
In the past 52 weeks, Nuveen Municipal High Income Opportunity Fund $0.01 par value per share share prices are bracketed by a low of $11.55 and a high of $15.18 and is now at $14.81, 28% above that low price.
Nuveen Municipal High Income Opportunity Fund $0.01 par value per share (NYSE:NMZ) has potential upside of 0.1% based on a current price of $14.81 and analysts' consensus price target of $14.83.
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