Nuveen Muni High Inc Opp:NMZ


    As of 11/25/2015

    52 Wk Avg$13.52$13.71-1.37%
    52 Wk High$14.17$14.061.03%
    52 Wk Low$12.92$13.48-4.79%
    Regular Distribution TypeIncome Only
    Distribution Rate6.74%
    Distribution Amount$0.0760
    Distribution FrequencyMonthly
    Taxable Equivalent Yield10.36%
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to provide high current income exempt from regular federal income tax; its secondary investment objective is to seek total return consistent with its primary objective.

    Capital Structure

    As of 11/25/2015

    Total Net Assets:$769.133M
    Total Common Assets:$682.064M
    Common Shares Outstanding:50,078,106

    As of 9/30/2015

    Preferred Share Assets: $87.000M
    Type of Preferred: Variable Rate MuniFund Term Pref
    Total Debt (USD):
    Structural Leverage (USD): $87.000M
    Structural Leverage (%): 11.31%
    Effective Leverage (USD): $306.000M
    Effective Leverage (%): 30.94%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2015

      Per Common Share
    Management Fees0.98%
    Other Expenses:0.10%
    Baseline Expense: 1.08%
    Interest Expense:0.19%
    Total: 1.27%

    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors

    Portfolio Managers
    John Miller (19 Nov 2003)

    Category:Tax-Free Income-High Yield
    NAV Ticker:XNMZX
    Average Daily Volume (shares):110,000
    Average Daily Volume (USD):$1.482M
    Inception Date:11/19/2003
    Inception Share Price:$15.00
    Inception NAV:$14.33
    Tender Offer:No
    Fiscal Year End:October 31
    Third Party Links & Reports


    As of 11/25/2015

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 9/30/2015
    Annualized Distribution Rate on NAV:
    As of 11/25/2015
    Total Return on NAV (12 months):
    As of 11/25/2015
    Avg. UNII Per Share:
    As of 9/30/2015
    Avg. Portfolio Coupon:
    As of 11/25/2015
    Total % Portfolio Effectively Leveraged:
    As of 11/25/2015

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 11/25/2015

    PeriodAvg Discount
    6 Month-1.39%
    1 Year-1.37%
    3 Year-1.56%
    5 Year0.84%
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 11/25/2015
    Category: Municipal High Yield Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/25/2015
    Category: Municipal High Yield Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    As of 8/31/2015
    Average Coupon:
    As of 11/25/2015
    Average Maturity:
    As of 9/30/2015
    22.39 yrs
    Number of Holdings:
    As of 9/30/2015
    Annual Portfolio Turnover:
    As of 10/31/2015
    As of 9/30/2015
    Average Bond Price:
    As of 9/30/2015
    Average Priced To Date:
    As of 9/30/2015
    Asset Allocation

    As of 9/30/2015 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2015 reported by Fund Sponsor

    Tax Obligation/Limited 21.12%
    Health Care 17.56%
    Education and Civic Organ15.46%
    Transportation 6.63%
    US Guaranteed 6.54%
    Utilities 6.27%
    Industrials 5.32%
    Consumer Staples 3.94%
    Tax Obligation/General 3.82%
    Long Term Care 3.19%
    Call Exposure

    As of 9/30/2015 reported by Fund Sponsor

    State Allocation

    As of 9/30/2015 reported by Fund Sponsor

    State% Portfolio
    Top Holdings

    As of 9/30/2015 reported by Fund Sponsor

    HoldingValue% Portfolio
    Net Other Assets$12.67M1.28%
    Omaha Pub Pwr Dist 20.36 01 Aug 2040$10.82M1.09%
    Washington St Health Care Facs Rev 5.7% 5.70 01 Dec 2032$9.27M0.94%
    Louisiana Loc Govt Environment Rev 6.75% 6.75 01 Nov 2032$9.23M0.93%
    American Airlines Group Inc$8.83M0.89%
    Golden St Tob Securitization C Tob 5.75% 5.75 01 Jun 2047$8.11M0.82%
    New York Liberty Dev Corp Libe Rev 7.25% 7.25 15 Nov 2044$7.11M0.72%
    Tennessee Engy Acquisition C Jr R 5.625% 5.63 01 Sep 2026$6.93M0.70%
    Golden St Tob Securitization C Tobacc 5% 5.00 01 Jun 2033$5.91M0.60%
    Carmel Ind Redev Dist 6.65% 6.65 15 Jan 2024$5.88M0.59%
    Utah St Charter Sch Fin Auth 5.8% 5.80 15 Jun 2038$5.71M0.58%
    Credit Quality

    As of 9/30/2015 reported by Fund Sponsor

    Maturity Breakdown

    As of 9/30/2015 reported by Fund Sponsor

    Country Allocation

    As of 7/15/2013 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00% makes data for the universe of closed-end funds available as a courtesy to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.


    Distribution type sourced from Morningstar. does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    Taxable equivalent yield represents the yield you would need to earn on a taxable investment in order to equal the federal tax-free yield on a municipal investment. The yield shown is based on the current market yield and a federal tax rate of 35%. At the present time, no state tax rate is assumed for this calculation.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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