Nuveen Municipal High Income Opportunity Fund NMZ | NYSE

Dividends

Company Overview:

Market Cap: $1.92B
Trailing PE: —
FWD PE: —
Payout Ratio (TTM): 54.7%
52-Week Range: $8.62 - $10.77

10 Year NMZ Performance Metrics:

Total Return (with DRIP): 22.9% (2.08% CAGR)
Total Return (no DRIP): 22.6% (2.06% CAGR)
Share Price: -31.9% (-3.76% CAGR)
Yield on Cost (with DRIP): 10.89%
Total Invested: $10,000
Total Value (with DRIP): $12,290
Total Return $ (with DRIP): $2,290
Dividend Increase: -4.3% (-0.45% CAGR)
Dividend Yield (FWD): 8.86% ($0.79)
NMZ 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
NMZ Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
NMZ Price CAGR:1Y: -16.60%2Y: -11.21%5Y: -9.74%10Y: -3.76%
NMZ Dividend Charts
NMZ - Dividends
NMZ Dividend CAGR:1Y: 0.00%2Y: 0.38%5Y: 0.31%10Y: -0.44%
NMZ - Dividend Payout Ratio
NMZ Dividend Payout Ratio CAGR:1Y: 0.00%2Y: 0.00%5Y: 14.83%10Y: 4.67%
NMZ - Dividend to Free Cash Flow Ratio
NMZ Dividend to FCF Ratio CAGR:1Y: 91.16%2Y: 0.00%5Y: -21.16%10Y: 7.10%
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NMZ - Chart 1
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NMZ - Chart 3

NMZ Financials: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

Revenue
NMZ Revenue CAGR:1Y: 0.59%2Y: 96.01%5Y: 3.78%10Y: 13.81%
Earnings Per Share (EPS)
NMZ EPS CAGR:1Y: 0.00%2Y: 0.00%5Y: -10.16%10Y: 0.76%
Net Income
NMZ Net Income CAGR:1Y: 0.00%2Y: 0.00%5Y: -0.52%10Y: 9.49%
EBITDA
NMZ EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 47.44%10Y: 18.87%
Free Cash Flow
NMZ Free Cash Flow CAGR:1Y: -23.08%2Y: 0.00%5Y: 44.88%10Y: 6.99%
Free Cash Flow / Share
NMZ Free Cash Flow / Share CAGR:1Y: 49.03%2Y: 0.00%5Y: 31.02%10Y: -1.47%
Operating Income
NMZ Operating Income CAGR:1Y: 79.91%2Y: 0.00%5Y: 8.33%10Y: 20.49%
Gross Profit
NMZ Gross Profit CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Shares Outstanding
NMZ Shares Outstanding CAGR:1Y: -48.38%2Y: 2.50%5Y: 10.58%10Y: 8.59%
Share Buybacks
NMZ Share Buybacks CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Stock-Based Comp
NMZ Stock-Based Comp CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Expenses
NMZ Expenses CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Revenue vs Net Income
EPS vs FCF / Share
EPS vs PE Ratio
FCF vs FCF / Share
FCF vs Stock Based Comp
Cash & Debt

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

REVENUE: Actual + Estimates
NMZ Actual Revenue CAGR:1Y: 0.59%2Y: 96.01%5Y: 3.78%10Y: 13.81%
EPS: Actual + Estimates
NMZ Actual EPS CAGR:1Y: 0.00%2Y: 0.00%5Y: -10.16%10Y: 0.76%
NET INCOME: Actual + Estimates
NMZ Actual Net Income CAGR:1Y: 0.00%2Y: 0.00%5Y: -0.52%10Y: 9.49%
EBITDA: Actual + Estimates
NMZ Actual EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 47.44%10Y: 18.87%

Ratios, Profit Margins & Return on Capital:

Net Profit Margin
NMZ Net Profit Margin CAGR:1Y: 0.00%2Y: 0.00%5Y: -4.15%10Y: -3.79%
Gross Profit Margin
NMZ Gross Profit Margin CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Price to Earnings
NMZ Price to Earnings CAGR:1Y: 0.00%2Y: 0.00%5Y: 4.91%10Y: -2.94%
Price To Sales Ratio
NMZ Price To Sales Ratio CAGR:1Y: -34.71%2Y: -45.62%5Y: 0.56%10Y: -6.62%
Return on Capital Employed
NMZ Return on Capital Employed CAGR:1Y: 58.92%2Y: 0.00%5Y: 0.85%10Y: 9.45%
Return on Invested Capital
NMZ Return on Invested Capital CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%

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NMZ Dividends Info:

Annual Dividend: $0.792
Forward Yield: 8.86%
Ex-Dividend Date: 2026-10-15
Lifetime Dividends / Share: $20.04

Projected Future Returns & Dividends for NMZ

Based on past 10-year performance, here are NMZ growth metrics:

Share price CAGR of -3.76%
Dividend CAGR of -0.45%

Using NMZ CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

NMZ (DRIP)NMZ - No DRIP
Current Price$8.94$8.94
Start Shares1,118.571,118.57
Start Value$10,000$10,000
  
After 10 years:
Final Share Count2,703.921,118.57
Dividends Payment$0.04$0.04
Annual Dividends$1,459$604
Yield on cost14.59%6.04%
Share Price$6.09$6.09
Total Dividends$11,670$7,500
Final Value$16,472$14,314

Estimated Future Value + Dividends - NMZ

NOTE: Above numbers are our estimate based on NMZ's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

Is NMZ's dividend safe, and what is NMZ worth?

Pro adds NMZ's Dividend Safety Rating, its DCF fair value and the Trend Signal to this page and opens the 26 blurred charts above.

Show NMZ's rating and fair value

Company Info

Nuveen Municipal High Income Opportunity Fund (NMZ) had its IPO on 2003-11-20, and is traded on NYSE stock exchange.

Established in the United States on November 19, 2003, the Nuveen Municipal High Income Opportunity Fund operates as a closed-end fixed income mutual fund. Nuveen Investments Inc. originally launched this fund, which is now jointly managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its investment strategy concentrates on the US fixed income markets, specifically targeting investment-grade, tax-exempt municipal securities as its primary holdings. This fund was previously identified as the Nuveen Municipal High Yield Opportunity Fund.

NMZ website: https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NMZ&refsrc=vu_nuveen.com/nmz


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DCF Model — NMZ

Value from:
Pay up to today
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vs current price $8.94
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Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
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grows for the next years
Then mature
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every future dollar counted back to today
Pile of today-dollars
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÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →