Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ) approved a transferable rights offering allowing holders to buy additional common shares.
Shareholders of record on November 2, 2026 receive one right per share, with six rights buying one new share. The offer expires at 5:00 p.m. Eastern time on December 2, 2026. The subscription price will equal 95% of the average NYSE closing sales prices on the expiration date and four preceding trading days, subject to a floor of 90% of net asset value per share on expiration. Nuveen Fund Advisors will bear all offering expenses. The adviser expects additional assets to support investment opportunities and spread fixed operating costs across a larger asset base. Final prospectus terms may differ.