Nuveen Dynamic Municipal Opportunities Fund (NDMO)
Nuveen Dynamic Municipal Opportunities Fund operates as a closed-end investment fund or investment trust. The Fund seeks total return through income exempt from regular federal income taxes and capital appreciation. It invests primarily in municipal securities, the income on which is exempt from regular U.S. federal income tax. The company was founded on August 26, 2020 and is headquartered in Chicago, IL.
Industry: Asset Management
Nuveen Dynamic Municipal Opportunities Fund
NYSE:NDMOFinancial Services · Asset Management
+0.54%$9.26
CLOSED · Nov 3Prev close$9.21+0.54%Close$9.260.00%AH close$9.26
AH$9.26+0.00%vs close
Mkt Cap$560.08M
Float60.48M
O/S60.48M
VOL353K sh
$ Vol$3.26M
RVOL1.05×
Inst Own16.8%
SI0.3%
Div Yield7.85%
Dilution
Financials Summary
Revenue$25.24M
Net Income$14.84M
Total Assets$914.46M
Free Cash Flow$224.81M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$631.88M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NDMO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$914.46M
Liabilities$282.59M
Accounts Receivable$26.28M
Accounts Payable$16.19M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Revenue | $25.24M | $122.44M | $25.43M | -$257.19M | $90.82M | -$122K |
| YoY Growth | -79.4% | 381.4% | -109.9% | -383.2% | -74658.2% | - |
| Cost of Revenue | $9.84M | $0 | $9.95M | $0 | $0 | $0 |
| Gross Profit | $15.4M | $122.44M | $15.48M | -$257.19M | $90.82M | -$122K |
| Gross Margin | 61.0% | 100.0% | 60.9% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $402K | $880K | $444K | $532K | $485K | $96K |
| Other | $157K | $114K | $15K | $2K | $1K | $25 |
| Total Operating Expenses | $559K | $995K | $459K | $533K | $486K | $96K |
| Operating Income (EBIT) | $14.84M | $121.45M | $15.02M | -$257.73M | $90.34M | -$218K |
| Operating Margin | 58.8% | 99.2% | 59.1% | 100.2% | 99.5% | 179.0% |
| Interest Expense | $9.84M | $11.07M | $9.95M | $5.91M | $3M | $48K |
| Interest Income | $47.52M | $46.46M | $43.41M | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $14.84M | $121.45M | $15.02M | -$257.73M | $90.34M | -$218K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $14.84M | $121.45M | $15.02M | -$257.73M | $90.34M | -$218K |
| Net Income Margin | 58.8% | 99.2% | 59.1% | 100.2% | 99.5% | 179.0% |
| Supplementary Data | ||||||
| EPS | 0.00 | 2.10 | 0.26 | -4.34 | 1.59 | -0.02 |
| Diluted EPS | 0.00 | 2.10 | 0.26 | -4.34 | 1.59 | -0.02 |
| Weighted Average OS | 59.63M | 57.77M | 57.77M | 59.38M | 56.82M | 14.16M |
| EBITDA | $14.84M | $121.45M | $40.16M | -$509.32M | $90.34M | $0 |
| EBITDA Margin | 58.8% | 99.2% | 157.9% | 198.0% | 99.5% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $4.07M | $0 | $981K | $55.2M | $4.62M | $129.86M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.07M | $0 | $981K | $55.2M | $4.62M | $129.86M |
| Accounts Receivable | $26.28M | $30.53M | $27.93M | $19.55M | $24.75M | $32.79M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $30.36M | $30.53M | $28.92M | $74.76M | $29.36M | $162.66M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $793.87M | $1.36B | $896.91M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $884.11M | $920.02M | $832.2M | $814.46M | $1.36B | $0 |
| Total Long-Term Assets | $884.11M | $920.02M | $832.2M | $793.87M | $1.36B | $896.91M |
| Other Assets | $0 | $0 | $0 | $1.04M | $3.76M | $840 |
| Total Assets | $914.46M | $950.55M | $861.11M | $869.67M | $1.39B | $1.06B |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $16.19M | $18.57M | $36.62M | $5.42M | $35.95M | $68M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | -$191K | -$315K | $0 |
| Total Current Liabilities | $16.19M | $18.57M | $36.62M | $5.42M | $35.95M | $68M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $0 | $3.36M | $0 | $0 | $236.71M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $266.39M | $267.99M | $240.99M | $249.1M | $206.37M | $0 |
| Total Long-Term Liabilities | $266.39M | $271.35M | $240.99M | $249.1M | $236.71M | $144.09M |
| Other Liabilities | $0 | $0 | $0 | $0 | $206.37M | $680K |
| Total Liabilities | $282.59M | $289.92M | $277.61M | $254.51M | $479.03M | $212.77M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $596K | $596K | $596K | $595K | $586K | $568K |
| Retained Earnings | -$175.21M | -$161.42M | -$257.22M | -$247.66M | $39.72M | -$4.56M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $806.49M | $821.45M | $840.13M | $862.22M | $873.24M | $850.78M |
| Total Equity | $631.88M | $660.63M | $583.5M | $615.15M | $913.55M | $846.79M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $914.46M | $950.55M | $861.11M | $869.67M | $1.39B | $1.06B |
| Supplementary Data | ||||||
| Total Debt | $0 | $3.36M | $0 | $0 | $236.71M | $144.09M |
| Net Debt | -$4.07M | $3.36M | -$981K | -$55.2M | $232.09M | $14.23M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Operating Activities | ||||||
| Net Income | $57.03M | $121.45M | $15.02M | -$257.73M | $90.34M | -$218K |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | $69.77M | -$2.59M | -$8.38M | $5.19M | $8.05M | -$32.79M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$5.92M | -$18.54M | $31.58M | -$31.35M | -$31.24M | $64.86M |
| Total Working Capital Change | $63.85M | -$21.14M | $23.2M | -$26.16M | -$23.2M | $32.06M |
| Other Non-Cash Items | $103.93M | -$88.06M | -$38.02M | $565.6M | -$462.55M | -$896.91M |
| Net Cash from Operating | $224.81M | $12.25M | $202K | $281.71M | -$395.41M | -$865.06M |
| Investing Activities | ||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||
| Debt Repaid | $25.33M | -$30.85M | $7.75M | $432.88M | -$297.21M | -$144.09M |
| Common Stock Issuance | $0 | $202K | $0 | $12.61M | $22.86M | $851.35M |
| Common Stock Repurchases | $0 | $0 | -$6K | $0 | $0 | $0 |
| Dividends Paid | -$202.4M | -$44.28M | -$47.39M | -$53.17M | -$46.55M | -$518K |
| Other Financing Activities | $0 | $0 | $0 | -$451K | $141K | $0 |
| Net Cash from Financing | -$227.73M | -$13.23M | -$55.16M | -$233.9M | $273.66M | $994.92M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$2.92M | -$981K | -$54.95M | $47.81M | -$121.74M | $129.86M |
| Supplementary Data | ||||||
| Operating Cash Flow | $224.81M | $12.25M | $202K | $281.71M | -$395.41M | -$865.06M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $224.81M | $12.25M | $202K | $281.71M | -$395.41M | -$865.06M |
| Cash at Beginning | $4.6M | $981K | $55.93M | $8.12M | $129.86M | $0 |
| Cash at End | $1.68M | $0 | $981K | $55.93M | $8.12M | $129.86M |