Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal High Income Opportunity Fundverified

NMZ

Price:

$11.54

Market Cap:

$1.28B

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. The fund was formerly known as Nuveen Municipal High Yield Opportunity Fund. Nuveen Municipal High Income Opportunity Fund was founded in November 19, 2003 and is based in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

2003-11-20

Stock Exchange

NYSE

Ticker

NMZ

The PE Ratio as of September 2024 (TTM) for Nuveen Municipal High Income Opportunity Fund (NMZ) is 29.59

According to Nuveen Municipal High Income Opportunity Fund’s latest financial reports and current stock price. The company's current PE Ratio is 29.59. This represents a change of -6045.24% compared to the average of -0.50 of the last 4 quarters.

Nuveen Municipal High Income Opportunity Fund (NMZ) Historical PE Ratio (quarterly & annually)

How has NMZ PE Ratio performed in the past?

The mean historical PE Ratio of Nuveen Municipal High Income Opportunity Fund over the last ten years is 34.68. The current 29.59 PE Ratio has changed 8.43% with respect to the historical average. Over the past ten years (40 quarters), NMZ's PE Ratio was at its highest in in the July 2018 quarter at 1.75K. The PE Ratio was at its lowest in in the April 2017 quarter at -37.41.

Quarterly (TTM)
Annual

Average

34.68

Median

11.05

Minimum

-145.89

Maximum

294.00

Nuveen Municipal High Income Opportunity Fund (NMZ) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen Municipal High Income Opportunity Fund PE 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 = 1.19%

Maximum Annual PE Ratio = 294.00

Minimum Annual Increase = -5058.31%

Minimum Annual PE Ratio = -145.89

Quarterly (TTM)
Annual
YearPE RatioChange
2023127.52-5058.31%
2022-2.57-135.27%
20217.29-105.00%
2020-145.89-2110.87%
20197.26-97.53%
2018294.001.19%
201722.8454.32%
201614.80-5.89%
201515.73169.06%
20145.85-106.34%

Nuveen Municipal High Income Opportunity Fund (NMZ) Average PE Ratio

How has NMZ PE Ratio performed in the past?

The current PE Ratio of Nuveen Municipal High Income Opportunity Fund (NMZ) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

44.08

5-year avg

-1.28

10-year avg

34.68

Nuveen Municipal High Income Opportunity Fund (NMZ) PE Ratio vs. Peers

How is NMZ’s PE Ratio compared to its peers?

Nuveen Municipal High Income Opportunity Fund’s PE Ratio is

CompanyPE RatioMarket cap

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