Nuveen Municipal Credit Opportunities Fund (NMCO) Total Return Calculator
$10,000 since Sep 2019, with and without reinvesting · data through Oct 2026
Since Sep 2019, $10,000 became $8,739 reinvested (-1.9% a year), or $8,898 taking the dividends as cash, $3,240 of it paid out along the way.
NMCO became
$8,739
S&P 500: $28,145
Return a year
-1.9%
S&P 500: 15.7%
Payouts reinvested
$3,989
bought more shares
Worst drop
-38.6%
S&P 500: -23.9%
$10,000, Sep 2019 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | NMCO total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −6.7% | $634 | +11.7% |
| 2025 | +4.2% | $729 | +17.7% |
| 2024 | +13.6% | $584 | +24.9% |
| 2023 | −4.1% | $453 | +26.2% |
| 2022 | −25.7% | $520 | −18.2% |
| 2021 | +27.1% | $520 | +28.7% |
| 2020 | −11.6% | $466 | +18.3% |
| 2019 (part) | −1.2% | $83 | +9.0% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: NMCO total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Nuveen Municipal Credit Opportunities Fund (NMCO) at the end of Sep 2019, with dividends reinvested, was worth $8,739 at the end of Oct 2026: -1.9% a year, against $28,145 (15.7% a year) in the S&P 500.
- Over the 5 years to Oct 2026, NMCO returned -3.7% a year with dividends reinvested (S&P 500: 12.0%).
- Taking NMCO's dividends as cash instead of reinvesting them, the same $10,000 ended at $8,898, including $3,240 of cash received; reinvesting added $0.
- NMCO's best calendar year in that time was 2021 (27.1%) and its worst 2022 (-25.7%), with dividends reinvested.
Cite this page
SmarterDividends, "Nuveen Municipal Credit Opportunities Fund (NMCO) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NMCO/total-return
NMCO total return questions
What is NMCO's total return since Sep 2019?
-13% in total, or -1.9% a year, through Oct 2026 with dividends reinvested. The share price alone fell 43%.
What was NMCO's worst year?
2022, at -25.7% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -38.6%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.