NDMO - Nuveen Dynamic Municipal Opportunities Fund
A closed-end fund run by Nuveen. Invests in tax-free municipal bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.
What happened, and when
-
May 1, 2026
The fund said it will repay some borrowed money on June 2, 2026.
Original document → -
Oct 31, 2025
The fund said it will repay some borrowed money on Dec 1, 2025.
Original document → -
April 28, 2025
The fund said it will repay some borrowed money on May 28, 2025.
Original document → -
Oct 31, 2024
The fund said it may sell new shares.
Original document → -
Oct 28, 2024
The fund said it will repay some borrowed money on Nov 27, 2024.
Original document →
About this fund
- Run by Nuveen Fund Advisors, LLC. Part of the Nuveen fund family. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Size: about $625 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 32% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. About 83% of that is money the fund has borrowed by selling preferred shares. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0.8% a year in management fees; 2.8% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $0.74 a share. $0.47 of that was income; $0.27 was your own money back, not income. As of Oct 31, 2025, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (Oct 31, 2025): $10.60. The shares traded at $10.59, about 0.1% below that.
As of Oct 31, 2025, from the fund's yearly report. Original document →
Over the last two years the gap ranged from 9% below to 0.9% above. As of Oct 31, 2025, from the fund's annual report. Original document → - How the holdings did: up 0.4% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +6.4%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended Oct 31, 2025): the value of the holdings returned +2.5%. How the share price did: the shares returned +6.2% over the same year, counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
- First reported to the regulator in 2019.
What the fund holds
Almost all tax-free municipal bonds (100%). About 100% issued in the U.S.
4.1% of holdings are in default.
- Colorado International Center Metropolitan District 8, Adams County, Colorado, Limited Tax General Obligation Bonds - 2.6%
- Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project - 1.7%
- Velocity Metropolitan District 5, In the City of Aurora, Colorado, Limited Tax General Obligation Bonds, Series 2020A-1 - 1.6%
- Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable - 1.5%
- Boys Town Village, Nebraska, Revenue Bonds, Boys Town Project - 1.5%
- Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2017A-2 - 1.5%
- New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor - 1.3%
- Port Beaumont Industrial Development Authority, Texas, Facility Revenue Bonds, Jefferson Gulf Coast Energy Project - 1.3%
- Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest Systems, Inc. Project - 1.2%
- Southeast Energy Authority, Revenue Bonds, Cooperative District Energy Supply, Southeast Energy Authority, Alabama, A Cooperative District Energy Supply Revenue Bonds Series 2024A - 1.1%
Show all 25
- Colorado Educational and Cultural Facilities Authority, Cultural Facilities Revenue Bonds, Stanley Project, Senior Lien Series 2025A-1 - 1.1%
- Arkansas Development Finance Authority, Arkansas, Environmental Improvement Revenue Bonds, United States Steel Corporation Project - 1.1%
- Pioneer Community Authority Board (Weld County, Colorado), Special Revenue Bonds - 1.1%
- Winrock Town Center Tax Increment Development District 1, Albuquerque, New Mexico, Gross Receipts Tax Increment Bonds, Subordinate Lien - 1.1%
- Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Taxable - 1.1%
- Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Discovery High School Project - 1.1%
- California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project - 1%
- Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien - 1%
- Puerto Rico, General Obligation Bonds, Clawback Highway Transportation Authority Claims Taxable - 0.9%
- Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds, American Airlines Inc. - 0.9%
- Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds, Refunding - 0.9%
- Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Refunding - 0.9%
- CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Center City Anaheim - 0.9%
- Puerto Rico Electric Power Authority, Revenue Bonds - 0.9%
- Black Belt Energy Gas District, Alabama, Gas Project Revenue Bonds - 0.9%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
| Date | What | Deadline | Document |
|---|---|---|---|
| May 1, 2026 | Repaying borrowed money | June 2, 2026 | Original document → |
| Oct 31, 2025 | Repaying borrowed money | Dec 1, 2025 | Original document → |
| April 28, 2025 | Repaying borrowed money | May 28, 2025 | Original document → |
| Oct 31, 2024 | May sell new shares | none | Original document → |
| Oct 28, 2024 | Repaying borrowed money | Nov 27, 2024 | Original document → |
- Run by
- Nuveen Fund Advisors, LLC
- Fund family
- Nuveen Funds
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-23489
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- Oct 31, 2025
- Number of holdings
- 562
- Preferred share classes
- 1
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