# Nuveen Municipal Credit Opportunities Fund (NMCO) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services. Price $10.20, market value $585 million.

## Valuation
- **P/E (trailing): 20.8×** (5-yr avg 4.2×, 3-yr avg 4.2×). Nuveen Municipal Credit Opportunities Fund trades at 20.8× trailing earnings, well above its own five-year average of 4.2×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 206.9×**. Each dollar of revenue is priced at 206.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 8.5%** (5-yr avg 8.2%). Free cash flow equals 8.5% of the market value, in line with its five-year average of 8.2%. Above 5% is generally attractive.
- **Earnings yield: 4.8%**. The inverse of the P/E: 4.8% of the price is earned each year.

## Profitability
- **Net margin: 40.1%**. 40.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 0.2%**. 0.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 0.1%**. Each dollar of assets produces 0.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -97.8%**. Revenue fell 97.8% over the last year.
- **Free-cash-flow growth (3 yr): 55.6%/yr**. Free cash flow has compounded at 55.6% a year over three years.

## Financial health
- **Cash and short-term investments: $1 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 8.06%** ($0.82 per share, trailing). Nuveen Municipal Credit Opportunities Fund yields 8.06%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 2.7%/yr** (1-yr 14.2%). The dividend has grown 2.7% a year over five years.
- **Shareholder yield: 9.3%**. Dividends plus net buybacks return 9.3% of the market value a year.

## Price and momentum
- **Total return (1 yr): 5.5%** (YTD 4.3%, 3-mo -3.2%). The shares are up 5.5% over twelve months including dividends.
- **From 52-week high: -7.3%** (5.2% above the low). Trading 7% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 0.27** (volatility 11%). Beta of 0.27 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NMCO · Page: https://foliofundamentals.com/stocks/nmco

Not investment advice.