Nuveen Municipal Credit Opportunities Fund (NMCO)

$11.15 +0.05 (0.46%)
Market Cap N/A
Revenue (ttm) -23.95M
Net Income (ttm) -25.71M
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin N/A
Debt to Equity Ratio N/A
Volume 28,561
Avg Vol 160,048
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 4%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Industry: Asset Management
Sector: Financial Services
Phone: 312-917-7700
Fax: 312-917-6912
Address:
333 West Wacker Drive, Chicago, United States
rsmracks
rsmracks Apr. 21 at 8:54 PM
$NMCO $RIV $BND $VGSH $GIS I closed my NMCO position today. I like the fund, but I’m eliminating funds that use leverage. I will accumulate more NUV shares over time for my Muni exposure. I sold most of my RIV position today. One order didn’t fill. I will finish closing it out tomorrow. I still like the fund, but it’s using 24+% leverage. So it’s being eliminated. I added more to my BND position. Currently 1.95% of my portfolio. I added more to my VGSH position. Currently 1.54% of my portfolio. I initiated my GIS position at the close. $34.98 with .93% position weight. This will increase as I trim and eliminate other positions. This could take several more weeks to restructure. I’ve been working on it for months. I still want all of this done in H1. Let’s see if the market is good to us. I need miners to experience another healthy run and energy to pullback. This will allow me the opportunities to finish my restructuring plan. 👍
0 · Reply
JohnnyWonLovesDividends
JohnnyWonLovesDividends Mar. 27 at 7:43 PM
$NMCO locked and loaded. Ready to take this one private.
0 · Reply
rsmracks
rsmracks Mar. 15 at 12:48 PM
$TLT $BND $IGIB $SCHP $NMCO The pressure continues to mount. Even though we’re seeing an increase in yields, I still see the 2 year moving to 3% by 2027. My call remains the same. 2 year 3% 10 year 4% 30 year 5% The bond ladder that I’m building is spread across duration, credit quality and the world. I have 9 of the 12 funds already initiated and this coming week, I will initiate the last 3. Keep in mind, I’m not opening full positions, rather scaling into the funds that I feel are undervalued on a monthly basis. Each month I will allocate the dividends received to the funds that I view as best valued. Funds not in the photo snippet are VWOB-emerging market bonds Those are the 12 funds. Then I will use SHV as a money market/savings account. I’ve also added BSV to my list to take my bond ladder to 13 funds? 1-5 year duration https://wolfstreet.com/2026/03/14/treasury-yields-jump-10-year-to-4-28-30-year-to-4-90-mortgage-rates-spike-to-6-41-on-inflation-deficit-fears/
1 · Reply
JohnnyWonLovesDividends
JohnnyWonLovesDividends Mar. 13 at 10:54 PM
$NMCO $VKQ $PML $EIM $XMPT Not sure how far munis pullback. Added a lot this week. Working on patience.
0 · Reply
rsmracks
rsmracks Mar. 4 at 4:11 PM
$TLT $BND $SCHP $IGEB $NMCO Scaling into a bond ladder prior to a recession is widely considered a smart, defensive strategy for managing interest rate risk and ensuring predictable cash flow. Why It’s Effective Before a Recession Yield Locking: If a recession triggers further aggressive rate cuts, a ladder ensures that a portion of your portfolio continues to earn the higher yields secured when you first built the rungs. Predictable Cash Flow: Staggered maturities provide regular access to both principal and interest, which can be critical if other income sources (like stocks or employment) become volatile during a downturn. Capital Preservation: High-quality bonds (like Treasuries or A-rated corporates) typically act as a stabilizing force when equity markets decline. Management Effort: Building a ladder of individual bonds requires more research and administrative effort than buying a diversified bond ETF I will continue scaling into my bond portfolio this year.
1 · Reply
rsmracks
rsmracks Feb. 6 at 12:48 AM
$BND $TLT $NMCO $SCHP $IGIB Bond funds holding up well. One of the main reasons I’ve been building my positions and accumulating them. The sell down today in the market was nothing, compared to what we’ll see in the future. Miners were still 60% of my portfolio as of this morning premarket. I will continue to remain overweight miners. My plan hasn’t changed. Continue building my bond positions and energy positions. Mining stocks still have much more upside. I will continue trimming into strength when the next leg higher occurs.
2 · Reply
rsmracks
rsmracks Jan. 29 at 10:42 AM
$TLT $NMCO $SCHP $DLY $BGT Why bonds? Diversification Cushion: Historically, bonds have maintained a negative or low correlation to stocks, meaning they often gain value when stocks plummet, providing crucial portfolio protection. Yield Cushion: As of late 2025, bonds are better positioned to handle sell-offs compared to 2022 because higher starting yields (e.g., 3.8% in Q4 2024 vs. 1.5% in Q1 2022) provide income that can buffer against price declines. Scenario-Dependent Performance: If a 40% stock market drop is driven by recession fears (causing interest rates to fall), bond prices will likely rise. If it is caused by a massive spike in inflation and rates (a "stagflation" scenario), bond funds could experience temporary price declines. Overall, while the 60/40 portfolio (60% stocks, 40% bonds) has experienced drawdowns, it generally sees significantly shallower losses than a 100% stock portfolio. Eventually I see my account 50% commodities and 50% bond funds.
0 · Reply
rsmracks
rsmracks Jan. 26 at 1:40 AM
$DLY $TLT $KORP $SCHP $NMCO The top 6 funds on the list are already in my portfolio. I have 5 more that I will add. The last fund is more of place to hold cash while I’m possibly waiting to deploy funds into a ticker/tickers. SHV is like a money market or high yield savings account. Yields around 4% So technically, these 10 funds will be my bond portfolio that will make up 25% of my portfolio by the end of Q1 2026. 10 funds x 2.5% positions. You’ll notice that I’m covering all types of bonds. Short term treasuries. Mid duration and long duration government debt. Mid to long term corporate debt. Leverage corporate debt and non levered. Different quality grades. Investment grade and some below investment grade Muni’s with leverage and different qualities. Yields should average around 6% It’s all about capital preservation while generating monthly/quarterly dividends.
1 · Reply
rsmracks
rsmracks Jan. 26 at 1:15 AM
$MMIN $NUV The primary difference between the Nuveen Municipal Credit Opportunities Fund (MMIN, also referred to as NMCO for its closed-end fund ticker) and the Nuveen Municipal Value Fund (NUV) is their credit quality focus and use of leverage. NUV prioritizes high-quality, investment-grade municipal bonds with low leverage, aiming for capital preservation and stable income, while MMIN focuses on higher-yielding, lower- to medium-quality municipal securities and uses more leverage to enhance total return and yield I own $NMCO for the higher yield. I’m going to pick NUV for my next Muni fund, for higher quality and less leverage.
1 · Reply
rsmracks
rsmracks Jan. 18 at 3:56 AM
$DLY $BGT $NMCO $XOP $XLE Leveraged funds versus non leveraged. DLY, BGT and NMCO are closed end funds own. All three are leveraged. When a market downturn occurs, the pricing pressure will affect them the most. First they would more than likely need to shed the leverage. While DLY is running 14+% leverage, BGT is basically flat with .15% leverage. Now NMCO is running 42% leverage. That could be an issue. XOP and XLE are both non-leveraged ETF’s. While I hold several individual energy tickers, like CTRA, EGY, ET, PBR-A, REI, RNGR and TTE, I’ve been building my XOP and XLE positions the most. Individual Stock Risk vs. ETF Diversification: Individual stocks, especially in the cyclical energy sector, carry higher idiosyncratic risk, meaning they can experience much deeper, faster declines than a diversified ETF, notes Matt Willer of Phoenix Capital Group. While an individual stock has higher potential for gains, it also has a higher risk of "dying by the sword" during a downturn.
1 · Reply
Latest News on NMCO
Wall Street Is Missing The Boat On These Monthly Dividends

Jan 25, 2025, 11:15 AM EST - 1 year ago

Wall Street Is Missing The Boat On These Monthly Dividends

ACP EFC EPR PHK

Nuveen Closed-End Funds Declare Distributions

Jun 3, 2024, 4:45 PM EDT - 2 years ago

Nuveen Closed-End Funds Declare Distributions

JFR JGH JLS JMM JPC JPI JQC

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

Dec 1, 2023, 4:15 PM EST - 2 years ago

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

JFR JGH JLS JMM JPC JPI JQC

Nuveen Municipal Closed-End Funds Announce Distribution Updates

Oct 23, 2023, 4:15 PM EDT - 2 years ago

Nuveen Municipal Closed-End Funds Announce Distribution Updates

NAC NAD NAN NAZ NCA NEA NIM

Nuveen Closed-End Funds Complete Previously Announced Portfolio Management Team Updates

May 31, 2023, 8:30 AM EDT - 3 years ago

Nuveen Closed-End Funds Complete Previously Announced Portfolio Management Team Updates

NBB NDMO NMZ

Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams

Apr 10, 2023, 8:30 AM EDT - 3 years ago

Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams

NBB NDMO NMZ

rsmracks
rsmracks Apr. 21 at 8:54 PM
$NMCO $RIV $BND $VGSH $GIS I closed my NMCO position today. I like the fund, but I’m eliminating funds that use leverage. I will accumulate more NUV shares over time for my Muni exposure. I sold most of my RIV position today. One order didn’t fill. I will finish closing it out tomorrow. I still like the fund, but it’s using 24+% leverage. So it’s being eliminated. I added more to my BND position. Currently 1.95% of my portfolio. I added more to my VGSH position. Currently 1.54% of my portfolio. I initiated my GIS position at the close. $34.98 with .93% position weight. This will increase as I trim and eliminate other positions. This could take several more weeks to restructure. I’ve been working on it for months. I still want all of this done in H1. Let’s see if the market is good to us. I need miners to experience another healthy run and energy to pullback. This will allow me the opportunities to finish my restructuring plan. 👍
0 · Reply
JohnnyWonLovesDividends
JohnnyWonLovesDividends Mar. 27 at 7:43 PM
$NMCO locked and loaded. Ready to take this one private.
0 · Reply
rsmracks
rsmracks Mar. 15 at 12:48 PM
$TLT $BND $IGIB $SCHP $NMCO The pressure continues to mount. Even though we’re seeing an increase in yields, I still see the 2 year moving to 3% by 2027. My call remains the same. 2 year 3% 10 year 4% 30 year 5% The bond ladder that I’m building is spread across duration, credit quality and the world. I have 9 of the 12 funds already initiated and this coming week, I will initiate the last 3. Keep in mind, I’m not opening full positions, rather scaling into the funds that I feel are undervalued on a monthly basis. Each month I will allocate the dividends received to the funds that I view as best valued. Funds not in the photo snippet are VWOB-emerging market bonds Those are the 12 funds. Then I will use SHV as a money market/savings account. I’ve also added BSV to my list to take my bond ladder to 13 funds? 1-5 year duration https://wolfstreet.com/2026/03/14/treasury-yields-jump-10-year-to-4-28-30-year-to-4-90-mortgage-rates-spike-to-6-41-on-inflation-deficit-fears/
1 · Reply
JohnnyWonLovesDividends
JohnnyWonLovesDividends Mar. 13 at 10:54 PM
$NMCO $VKQ $PML $EIM $XMPT Not sure how far munis pullback. Added a lot this week. Working on patience.
0 · Reply
rsmracks
rsmracks Mar. 4 at 4:11 PM
$TLT $BND $SCHP $IGEB $NMCO Scaling into a bond ladder prior to a recession is widely considered a smart, defensive strategy for managing interest rate risk and ensuring predictable cash flow. Why It’s Effective Before a Recession Yield Locking: If a recession triggers further aggressive rate cuts, a ladder ensures that a portion of your portfolio continues to earn the higher yields secured when you first built the rungs. Predictable Cash Flow: Staggered maturities provide regular access to both principal and interest, which can be critical if other income sources (like stocks or employment) become volatile during a downturn. Capital Preservation: High-quality bonds (like Treasuries or A-rated corporates) typically act as a stabilizing force when equity markets decline. Management Effort: Building a ladder of individual bonds requires more research and administrative effort than buying a diversified bond ETF I will continue scaling into my bond portfolio this year.
1 · Reply
rsmracks
rsmracks Feb. 6 at 12:48 AM
$BND $TLT $NMCO $SCHP $IGIB Bond funds holding up well. One of the main reasons I’ve been building my positions and accumulating them. The sell down today in the market was nothing, compared to what we’ll see in the future. Miners were still 60% of my portfolio as of this morning premarket. I will continue to remain overweight miners. My plan hasn’t changed. Continue building my bond positions and energy positions. Mining stocks still have much more upside. I will continue trimming into strength when the next leg higher occurs.
2 · Reply
rsmracks
rsmracks Jan. 29 at 10:42 AM
$TLT $NMCO $SCHP $DLY $BGT Why bonds? Diversification Cushion: Historically, bonds have maintained a negative or low correlation to stocks, meaning they often gain value when stocks plummet, providing crucial portfolio protection. Yield Cushion: As of late 2025, bonds are better positioned to handle sell-offs compared to 2022 because higher starting yields (e.g., 3.8% in Q4 2024 vs. 1.5% in Q1 2022) provide income that can buffer against price declines. Scenario-Dependent Performance: If a 40% stock market drop is driven by recession fears (causing interest rates to fall), bond prices will likely rise. If it is caused by a massive spike in inflation and rates (a "stagflation" scenario), bond funds could experience temporary price declines. Overall, while the 60/40 portfolio (60% stocks, 40% bonds) has experienced drawdowns, it generally sees significantly shallower losses than a 100% stock portfolio. Eventually I see my account 50% commodities and 50% bond funds.
0 · Reply
rsmracks
rsmracks Jan. 26 at 1:40 AM
$DLY $TLT $KORP $SCHP $NMCO The top 6 funds on the list are already in my portfolio. I have 5 more that I will add. The last fund is more of place to hold cash while I’m possibly waiting to deploy funds into a ticker/tickers. SHV is like a money market or high yield savings account. Yields around 4% So technically, these 10 funds will be my bond portfolio that will make up 25% of my portfolio by the end of Q1 2026. 10 funds x 2.5% positions. You’ll notice that I’m covering all types of bonds. Short term treasuries. Mid duration and long duration government debt. Mid to long term corporate debt. Leverage corporate debt and non levered. Different quality grades. Investment grade and some below investment grade Muni’s with leverage and different qualities. Yields should average around 6% It’s all about capital preservation while generating monthly/quarterly dividends.
1 · Reply
rsmracks
rsmracks Jan. 26 at 1:15 AM
$MMIN $NUV The primary difference between the Nuveen Municipal Credit Opportunities Fund (MMIN, also referred to as NMCO for its closed-end fund ticker) and the Nuveen Municipal Value Fund (NUV) is their credit quality focus and use of leverage. NUV prioritizes high-quality, investment-grade municipal bonds with low leverage, aiming for capital preservation and stable income, while MMIN focuses on higher-yielding, lower- to medium-quality municipal securities and uses more leverage to enhance total return and yield I own $NMCO for the higher yield. I’m going to pick NUV for my next Muni fund, for higher quality and less leverage.
1 · Reply
rsmracks
rsmracks Jan. 18 at 3:56 AM
$DLY $BGT $NMCO $XOP $XLE Leveraged funds versus non leveraged. DLY, BGT and NMCO are closed end funds own. All three are leveraged. When a market downturn occurs, the pricing pressure will affect them the most. First they would more than likely need to shed the leverage. While DLY is running 14+% leverage, BGT is basically flat with .15% leverage. Now NMCO is running 42% leverage. That could be an issue. XOP and XLE are both non-leveraged ETF’s. While I hold several individual energy tickers, like CTRA, EGY, ET, PBR-A, REI, RNGR and TTE, I’ve been building my XOP and XLE positions the most. Individual Stock Risk vs. ETF Diversification: Individual stocks, especially in the cyclical energy sector, carry higher idiosyncratic risk, meaning they can experience much deeper, faster declines than a diversified ETF, notes Matt Willer of Phoenix Capital Group. While an individual stock has higher potential for gains, it also has a higher risk of "dying by the sword" during a downturn.
1 · Reply
rsmracks
rsmracks Jan. 7 at 11:12 AM
$NMCO $TLT Municipal Bonds Defensive Play: Munis, especially high-quality ones (AAA), are often seen as safe havens during equity downturns, offering tax-exempt income, notes Investopedia, Mezzi AI, Nuveen | Investment Management. Flight to Quality: Investors seek refuge in tax-free income streams, supporting muni prices. Liquidity Risk: In extreme selloffs (like early 2020), even munis faced pressure as investors needed cash, leading to temporary discounts. Credit Quality Matters: High-yield (junk) munis behave more like risk assets and can fall with stocks. TLT (iShares 20+ Year Treasury Bond ETF) Flight to Quality: TLT's main role is to rally as stocks crash, as investors buy safe U.S. Treasuries, causing prices to rise and yields to fall (inverse relationship). As I continue to reposition my portfolio in H1 2026, I will continue accumulating some Muni’s & adding to my TLT position. Keep in mind. When the market does take a downturn. Nothing is really safe in the short term.
2 · Reply
rsmracks
rsmracks Jan. 1 at 12:50 AM
$DLY $DBL $NMCO $PHK $MYD There’s over 300 fixed income closed end funds to look through. Most CEF use leverage. Just an FYI. Some more than others. Most ETF’s are not leveraged, but have lower yields. I will be investing in multiple bond funds. Some will be levered CEF’s and some will be non levered ETF’s I have a solid list of individual bonds that yield 4-6%, but they only payout 2 times annually. So, I’m going to accumulate bond funds that pay monthly. I just turned 50 and by the time I’m 55, I want to be able to financially retire. While I want ever actually retire, I want monthly distributions in place that could allow me too. I’m going to continue compounding unit/share count. https://www.cefconnect.com/closed-end-funds-daily-pricing
2 · Reply
rsmracks
rsmracks Dec. 28 at 1:08 PM
$IGIB Here’s an example of an investment grade corporate debt bond fund. For two straight years we’ve seen steady buy volume. It pays a monthly dividend, which currently yields 4.58% Loan duration 5-10 years. I’m personally building and accumulating a mix of corporate debt, municipals and federal government bonds. Some of my corporate debt funds are higher risk than others. Those offer yields in the 8-12% range. Muni’s around 4-5% that are free of federal income tax and a mix of other bond funds. Funds will be a mix of short duration, mid duration and long duration. TLT is what I’ll be using for longer term debt. Building a 20-25% portfolio weight. 2-3% weights x 8-10 funds. Miners and energy will make up the rest of my portfolio for the most part. $DLY $BGT $NMCO $PGP
0 · Reply
rsmracks
rsmracks Dec. 28 at 12:41 PM
$DLY $BGT $VCIT $NMCO $NUV Fixed income could outperform the broader market over the next decade due to significantly higher starting yields (offering rich income streams), potential central bank rate cuts boosting bond prices, strong demand from income-seeking investors, and their classic role in diversifying equity risk, especially if economic growth slows or inflation moderates, creating a favorable backdrop for bonds to provide capital preservation and income alongside potential capital appreciation from falling rates. Elevated Yields: After years of low rates, current yields on many bonds (like Treasuries and Munis) are the most attractive in a generation, providing a strong income foundation. Diversification & Stability: Bonds provide crucial portfolio diversification, capital preservation, and liquidity, especially during equity market volatility. There’s many reasons I’m restructuring my Portfolio, but capital preservation is probably the #1 reason.
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DashboardDust
DashboardDust Dec. 27 at 2:30 PM
$NMCO Positioning reflects caution while awaiting confirmable progress; organic growth must prove sustainable without incentives — clear evidence of repeatability would change the narrative. From here, results — not promises — will decide direction.
0 · Reply
rsmracks
rsmracks Dec. 23 at 5:02 PM
$NMCO I just initiated my starter position in NMCO. I will continue scaling into bond funds and credit. Some will be riskier than others. I’m looking to build 20-25% of my portfolio in fixed income vehicles. Dividends and distributions being paid to me monthly/quarterly. Looking to build share/unit counts in the coming years.
1 · Reply
EarningsInsider
EarningsInsider Dec. 29 at 6:02 AM
Nuveen Municipal Credit Opportunities Fund Sees Short Interest Decrease from 74,800 shares to 42,700 shares. $NMCO https://www.marketbeat.c
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