Nuveen Municipal High Income Opportunity Fund

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Nuveen Municipal High Income Opportunity Fund (NMZ) pays a monthly dividend yielding 7.68% ($0.79/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Key Data

Dividend Yield

7.68%

Payout Ratio

374%

Annual Dividend

$0.79

5-Yr Avg Growth

1.3%

Ex-Dividend Date

Jun 15, 2026

Years of Growth

2

Frequency

monthly

Beta

0.73

Market Cap

$1.2B

P/E Ratio

48.8

5-Yr Total Return

-34%

52-Week Range

$9.83 – $10.77

Dividend Safety

C · 52/100

Ever Cut?

Yes (2023)

Frequently Asked Questions