Company overview
Understand the business
Nuveen Municipal Credit Opportunities Fund (NMCO) is a U.S.-domiciled closed-end investment fund. NMCO invests in municipal credit opportunities, emphasizing higher-yielding, lower- to medium-quality bonds. It seeks federal tax-exempt income while taking meaningful borrower and financing risk.
Primary earnings measures
Reported fund net investment income per common share, with its exact reporting period, is the core income measure shown here. Realized gains, unrealized changes and distributions are separate measures.
How the company supports its distribution
Bond interest, less expenses and financing costs, is the central recurring income source. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.