Nuveen Municipal Credit Opportunities Fund (NMCO) Stock Analysis

Company Overview

Nuveen Municipal Credit Opportunities Fund (NMCO) carries a market capitalisation of $520.78M. It is classified in the Asset Management industry, within the Financial Services sector.

NMCO last closed at $8.74 on October 21, 2026. That is −$0.02 (−0.23%) against the previous close. Over the past 52 weeks the price has ranged from $8.33 to $11.00. The latest close sits 4.92% above that 52-week low.

Financial Health

In fiscal 2025, Nuveen Municipal Credit Opportunities Fund reported revenue of $2.83M. That is −97.82% against the prior fiscal year, when revenue was $129.88M. The same year closed with net income of $1.13M. That is −99.11% against the prior fiscal year. Profit margin runs at 41.21%. That is 33.8 percentage points below the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 0.47.

Across the 4 fiscal years on file, revenue moves from −$191.97M in 2022 to $2.83M in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

NMCO trades at a trailing price-to-earnings ratio of 18.6. That is 97.03% above the Asset Management median of 9.44. Measured against sales, the shares trade at 8.01 times revenue. On price-to-sales that is 6.82% below the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.89. Annualized volatility over the trailing 7 years is 19.42%. Over the trailing twelve months the total return is −15.11%. Across 5 years the annualized return works out at −4.52%.

Growth & Income

The trailing dividend yield is 9.38%. That is 0.5 percentage points above the Asset Management median yield of 8.91%. At the indicated rate that is $0.82 a share a year. The ex-dividend date on file is October 1, 2026. Dividends are recorded for 8 calendar years; 2026 shows 9 payments totalling $0.62 a share. The year before, 2025, totalled $0.83 a share.

The strongest complete calendar year on file is 2021 at +26.98%; the weakest is 2022 at −25.65%. Of the 6 complete calendar years on file, 3 finished higher. So far in 2026 the total return is −10.63%.