Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Credit Opportunities Fund Announces Preliminary Results of Rights Offering

Nuveen Municipal Credit Opportunities Fund announced preliminary rights-offering results, expecting to issue roughly 13.7 million common shares at $8.25 per share for gross proceeds of about $113 million. The subscription price equals 90% of NAV at the October 7 expiration and came in below the original estimate, so excess payments will be refunded to subscribers. Shares are expected to be issued on or about October 15, 2026, adding modest dilution and incremental fund assets under management.

•17d ago

NMCO: SCHEDULE 13D/A · ownership disclosure

Bank of America Corporation and its subsidiary Banc of America Preferred Funding Corporation filed Amendment No. 5 to their Schedule 13D on Nuveen Municipal Credit Opportunities Fund's MuniFund Preferred Shares, reporting beneficial ownership of 2,050 shares, or 50.7% of the class, unchanged. The amendment discloses that effective September 30, 2026, the December 2019 MFP Purchase Agreement was further amended via covenant modifications dated September 30, 2026. No change in ownership percentage or control rights was reported, with voting and dispositive power shared between the two reporting persons. The filing is a routine maintenance amendment with no material market impact; the relevant public company involved is Bank of America (BAC) as the reporting person.

SEC SCHEDULE 13D/A•23d ago

Nuveen Municipal Credit Opportunities Fund Declares Distribution

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) declared its regular monthly distribution of $0.0685 per common share, shown as unchanged from the previous month, with a record and ex-dividend date of October 1, 2026 and payment on November 2, 2026. The fund estimates it has distributed more than its net investment income, so a portion of the payout may come from return of capital, which can erode NAV per share over time. The declaration also restates terms of the previously announced transferable rights offering, which expires October 7, 2026; any shares issued through the offering will not be entitled to the November 2 distribution.

•1mo ago

Nuveen Municipal Credit Opportunities Fund Announces Terms of Rights Offering

Nuveen Municipal Credit Opportunities Fund announced the terms of a rights offering, granting shareholders the right to purchase additional common shares at a discount to market price. The subscription price will be set at 95% of the average market price over the last five trading days, subject to a floor of 90% of net asset value to prevent excessive dilution. The offering expires on October 7, 2026, with rights trading under the symbol NMCO RT, and all associated expenses will be borne by the investment adviser.

•1mo ago