Nuveen Municipal High Income Opportunity Fund
NMZFinancial ServicesNASDAQAsset Management
Scan Results
Daily timeframeNuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc. The company carries a $2.22B market cap, placing it firmly in the mid-cap category. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.
Market Cap
$2.22B
Beta
0.72
P/E (TTM)
14.94
P/E (Fwd)
—
EPS (TTM)
$0.69
EPS (Fwd)
—
ROE
2.1%
ROA
2.9%
Cash
$917,781
Total Debt
$454.9M
Free CF
$35.0M
52W Change
3.6%
Annual Financials
Cash vs Debt
On the balance sheet, NMZ has $918K in cash with $454.9M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $35.0M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 2.1% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$397.7M (2022) to $27.1M (2025), reflecting a 107% increase over the period.
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Nuveen Municipal High Income Opportunity Fund's trajectory.