Browse everything: Tickers A–Z · Issuers · Comparisons · Tags
NMCO CEF — Nuveen Municipal Credit Opport Fund
Nuveen Municipal Credit Opport Fund (NMCO)
Updated November 12, 2026.
Verdict as of November 12, 2026 close
NMCO's distribution is rated generally safe by the Dividend Vision Distribution Safety Score™ (62/100, high confidence). It pays monthly and its distribution rate is 9.34%. The latest recorded payment is $0.0685 (ex-date November 13, 2026).
Sources: Nuveen, Section 19a-1 notices, scoring methodology.
NMCO is a CEF. Its distribution rate is 9.34%, its trailing-12-month yield is 10.19%, its expense ratio is 2.1012%. Dividend Vision Distribution Safety Score™ is 62/100 (Generally safe). Total return is -10.9% over the past 7.2 years, 190.3 points behind SPY at 179.4%.
At the current 9.34% distribution rate, a $10,000 investment would generate approximately $934 per year, or $77.83 per month.
NMCO dividend yield and income
Price as of 2026-11-12.
The distribution rate (9.34%) uses latest regular dividend ($0.0685) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Trailing-12-month yield (10.19%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.0685. The ex-dividend date is 11/13/2026. The payment date is 12/01/2026. At the current 9.34% distribution rate, a $10,000 investment would generate approximately $934 per year, or $77.83 per month.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-11-13 | $0.0685 | N/A |
| 2026-10-01 | $0.069 | N/A |
| 2026-09-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-08-14 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-07-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-06-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-05-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-04-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-03-13 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-02-13 | $0.069 | 0.0% Total cash (unclassified) |
| 2026-01-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-12-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-11-14 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-10-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-09-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-08-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-07-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-06-13 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-05-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-04-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-03-14 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-02-14 | $0.069 | 0.0% Total cash (unclassified) |
| 2025-01-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2024-12-13 | $0.069 | 0.0% Total cash (unclassified) |
| 2024-11-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2024-10-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2024-09-13 | $0.069 | 0.0% Total cash (unclassified) |
| 2024-08-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2024-07-15 | $0.069 | 0.0% Total cash (unclassified) |
| 2024-06-14 | $0.069 | 38.0% Total cash (unclassified) |
| 2024-05-14 | $0.05 | 0.0% Total cash (unclassified) |
| 2024-04-12 | $0.05 | 0.0% Total cash (unclassified) |
| 2024-03-14 | $0.05 | 8.7% Total cash (unclassified) |
| 2024-02-14 | $0.046 | 0.0% Total cash (unclassified) |
| 2024-01-11 | $0.046 | 0.0% Total cash (unclassified) |
| 2023-12-14 | $0.046 | 0.0% Total cash (unclassified) |
| 2023-11-14 | $0.046 | 0.0% Total cash (unclassified) |
| 2023-10-12 | $0.046 | -8.0% Total cash (unclassified) |
| 2023-09-14 | $0.05 | 0.0% Total cash (unclassified) |
| 2023-08-14 | $0.05 | 0.0% Total cash (unclassified) |
| 2023-07-13 | $0.05 | 0.0% Total cash (unclassified) |
| 2023-06-14 | $0.05 | 0.0% Total cash (unclassified) |
| 2023-05-12 | $0.05 | 0.0% Total cash (unclassified) |
| 2023-04-13 | $0.05 | -5.7% Total cash (unclassified) |
| 2023-03-14 | $0.053 | 0.0% Total cash (unclassified) |
| 2023-02-14 | $0.053 | 0.0% Total cash (unclassified) |
| 2023-01-12 | $0.053 | -8.6% Total cash (unclassified) |
| 2022-12-14 | $0.058 | 0.0% Total cash (unclassified) |
| 2022-11-14 | $0.058 | 0.0% Total cash (unclassified) |
| 2022-10-13 | $0.058 | -6.5% Total cash (unclassified) |
| 2022-09-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-08-12 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-07-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-06-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-05-12 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-04-13 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-03-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-02-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2022-01-13 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-12-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-11-12 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-10-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-09-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-08-12 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-07-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-06-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-05-13 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-04-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-03-12 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-02-11 | $0.062 | 0.0% Total cash (unclassified) |
| 2021-01-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2020-12-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2020-11-12 | $0.062 | 0.0% Total cash (unclassified) |
| 2020-10-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2020-09-14 | $0.062 | 0.0% Total cash (unclassified) |
| 2020-08-13 | $0.062 | 0.0% Total cash (unclassified) |
| 2020-07-14 | $0.062 | 17.0% Total cash (unclassified) |
| 2020-06-12 | $0.053 | 0.0% Total cash (unclassified) |
| 2020-05-14 | $0.053 | 0.0% Total cash (unclassified) |
| 2020-04-14 | $0.053 | -17.2% Total cash (unclassified) |
| 2020-03-12 | $0.064 | 0.0% Total cash (unclassified) |
| 2020-02-13 | $0.064 | 0.0% Total cash (unclassified) |
| 2020-01-14 | $0.064 | 0.0% Total cash (unclassified) |
| 2019-12-12 | $0.064 | 0.0% Total cash (unclassified) |
| 2019-11-14 | $0.064 | — |
| 2019 total (partial launch year) | $0.128 | — |
| 2020 total | $0.723 | — |
| 2021 total | $0.744 | 2.9% |
| 2022 total | $0.732 | -1.6% |
| 2023 total | $0.597 | -18.4% |
| 2024 total | $0.725 | 21.4% |
| 2025 total | $0.828 | 14.2% |
| 2026 YTD total | $0.7585 | -0.1% vs prior-year YTD |
NMCO dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -0.1%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -21.96%.
| Window | Change |
|---|---|
| 1Y | -0.1% |
| 3Y | 35.9% |
| 5Y | 11.2% |
NMCO holdings and sector exposure
The top 10 holdings are 43.1% of the fund.
| Ticker | Name | Weight |
|---|---|---|
| — | Energy Harbor Corp | 10.30% |
| — | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019 | 6.32% |
| — | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project, Green Series 2019B | 5.78% |
| — | Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Proejcet, Series 2019 | 5.71% |
| — | District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006A | 3.16% |
| — | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2009A | 2.45% |
| — | Illinois State, General Obligation Bonds, November Series 2017D | 2.42% |
| — | TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006 | 2.36% |
| — | Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2014C | 2.29% |
| — | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017 | 2.26% |
To see how this fund's sectors add up across your own holdings, use True Exposure.
NMCO performance versus SPY
Total return is -10.9% over the past 7.2 years, 190.3 points behind SPY at 179.4%. Over the past year its total return — price change plus distributions reinvested — is -13.1%. Its deepest 1-year drawdown was 20.0%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 0.8% | — |
| 3M | -14.5% | — |
| 6M | -15.2% | — |
| YTD | -8.1% | — |
| 1Y | -13.1% | — |
| 2Y CAGR | — | -3.60% |
| 3Y CAGR | — | 5.20% |
| 5Y CAGR | — | -4.80% |
| Since inception 2019-09-17 · 7.2 years | -10.9% | -1.60% |
NMCO key facts
- Distribution Safety Score™
- 62 · Generally safe
- Safety-Adjusted Yield
- 5.79%
- Issuer
- Nuveen
- Asset type
- CEF
- Asset class
- Fixed Income
- Inception date
- 09/17/2019
- Expense ratio
- 2.1012%
- Distribution rate
- 9.34%
- Distribution frequency
- Monthly
- Trailing yield
- 10.19%
- 5-year average yield
- 6.42
- Last close
- $8.80 (as of 2026-11-12)
- NAV
- $9.67; NAV date unknown
- Premium / discount
- Premium not shown · NAV date unknown
- Market cap
- $524,357,248
- Average volume
- 643,249
- Dividend
- $0.0685
- Ex-dividend date
- 11/13/2026
- Payment date
- 12/01/2026
- Beta
- 0.915
AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage.
How Dividend Vision calculates yield and returns
Distribution rate (9.34%) uses latest regular dividend ($0.0685) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.19%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: Nuveen; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
NMCO risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 20.0%.
Who may consider NMCO — and who may not
It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on NMCO
Frequently asked questions
Does NMCO pay monthly?
Yes. NMCO currently pays monthly.
What is NMCO's expense ratio?
NMCO's expense ratio is 2.1012%.
What is NMCO's dividend yield?
NMCO's distribution rate is 9.34%, paid monthly, with a 2.1012% expense ratio — latest regular dividend ($0.0685) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included.
How has NMCO's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -0.1%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does NMCO pay a dividend?
NMCO pays monthly. The dividend amount is $0.0685. The ex-dividend date is 11/13/2026. The payment date is 12/01/2026.
How has NMCO performed?
Total return is -10.9% over the past 7.2 years, 190.3 points behind SPY at 179.4%. Over the past year its total return — price change plus distributions reinvested — is -13.1%. Its deepest 1-year drawdown was 20.0%.
Is NMCO a good investment?
NMCO's Dividend Vision Distribution Safety Score is 62 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 9.34% (latest regular dividend ($0.0685) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included). Compare peers below rather than treating any single figure as a buy or sell.
More securities from Nuveen.
Tickers
NMCO's distribution is rated generally safe by the Dividend Vision Distribution Safety Score™ (62/100, high confidence). It pays monthly and its distribution rate is 9.34%. The latest recorded payment is $0.0685 (ex-date November 13, 2026).
Sources: Nuveen, Section 19a-1 notices, scoring methodology.
Holdings as-of date unavailable.
| Ticker | Name | Weight |
|---|
See how this investment would fit into your portfolio.