Nuveen Dynamic Municipal Opportunities Fund

Nuveen Dynamic Municipal Opportunities Fundverified

NDMO

Price:

$11

Market Cap:

$655.18M

Nuveen Dynamic Municipal Opportunities Fund operates as a closed-end investment fund or investment trust. The Fund seeks total return through income exempt from regular federal income taxes and capital appreciation. It invests primarily in municipal securities, the income on which is exempt from regular U.S. federal income tax. The company was founded on August 26, 2020 and is headquartered in Chicago, IL.[Read more]

Industry

Asset Management

IPO Date

2020-08-27

Stock Exchange

NYSE

Ticker

NDMO

The Current Ratio as of September 2024 (TTM) for Nuveen Dynamic Municipal Opportunities Fund (NDMO) is 0.79

According to Nuveen Dynamic Municipal Opportunities Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0.79. This represents a change of -84.78% compared to the average of 5.19 of the last 4 quarters.

Nuveen Dynamic Municipal Opportunities Fund (NDMO) Historical Current Ratio (quarterly & annually)

How has NDMO Current Ratio performed in the past?

The mean historical Current Ratio of Nuveen Dynamic Municipal Opportunities Fund over the last ten years is 4.45. The current 0.79 Current Ratio has changed 1.67% with respect to the historical average. Over the past ten years (40 quarters), NDMO's Current Ratio was at its highest in in the October 2022 quarter at 13.80. The Current Ratio was at its lowest in in the October 2023 quarter at 0.79.

Quarterly (TTM)
Annual

Average

4.45

Median

1.60

Minimum

0.79

Maximum

13.80

Nuveen Dynamic Municipal Opportunities Fund (NDMO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen Dynamic Municipal Opportunities Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.59%

Maximum Annual Current Ratio = 13.80

Minimum Annual Increase = -94.28%

Minimum Annual Current Ratio = 0.79

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.79-94.28%
202213.801.59%
20210.82-65.86%

Nuveen Dynamic Municipal Opportunities Fund (NDMO) Average Current Ratio

How has NDMO Current Ratio performed in the past?

The current Current Ratio of Nuveen Dynamic Municipal Opportunities Fund (NDMO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.13

5-year avg

4.45

10-year avg

4.45

Nuveen Dynamic Municipal Opportunities Fund (NDMO) Current Ratio vs. Peers

How is NDMO’s Current Ratio compared to its peers?

Nuveen Dynamic Municipal Opportunities Fund’s Current Ratio is greater than BlackRock Municipal Income Fund, Inc. (0.03), less than BlackRock MuniYield Quality Fund, Inc. (1.03), less than DWS Municipal Income Trust (2.16), greater than BlackRock MuniYield Quality Fund III, Inc. (0.12), greater than RiverNorth Opportunistic Municipal Income Fund, Inc. (0), less than MFS Investment Grade Municipal Trust (3.11), less than Nuveen Preferred and Income Fund (2.30), less than Rivernorth Managed Duration Municipal Income Fund Inc. (2.34), less than BlackRock MuniHoldings New York Quality Fund, Inc. (1.37), less than Invesco High Income 2023 Target Term Fund (8.71), greater than Invesco High Income 2024 Target Term Fund (0), less than PGIM Short Duration High Yield Opportunities Fund (9.88), less than Angel Oak Financial Strategies Income Term Trust (18.87), less than BlackRock MuniVest Fund, Inc. (1.56), greater than BlackRock MuniYield Quality Fund II, Inc. (0.17), greater than BlackRock MuniHoldings Fund, Inc. (0.31), greater than BlackRock MuniHoldings Quality Fund II, Inc. (0.10), greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), less than RiverNorth Managed Duration Municipal Income Fund II, Inc. (1.96), greater than Putnam Managed Municipal Income Trust (0),

Build a custom stock screener for Nuveen Dynamic Municipal Opportunities Fund (NDMO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nuveen Dynamic Municipal Opportunities Fund using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nuveen Dynamic Municipal Opportunities Fund (NDMO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nuveen Dynamic Municipal Opportunities Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Nuveen Dynamic Municipal Opportunities Fund's Current Ratio?

How is the Current Ratio calculated for Nuveen Dynamic Municipal Opportunities Fund (NDMO)?

What is the highest Current Ratio for Nuveen Dynamic Municipal Opportunities Fund (NDMO)?

What is the 3-year average Current Ratio for Nuveen Dynamic Municipal Opportunities Fund (NDMO)?

What is the 5-year average Current Ratio for Nuveen Dynamic Municipal Opportunities Fund (NDMO)?

How does the current Current Ratio for Nuveen Dynamic Municipal Opportunities Fund (NDMO) compare to its historical average?