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Nuveen Dynamic Municipal Opportunities Fund (NDMO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US67079X1028
CUSIP
67079X102
IPO Date
Aug 27, 2020

Highlights

Year Range
$9.30 - $10.82

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Nuveen Dynamic Municipal Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Nuveen Dynamic Municipal Opportunities Fund (NDMO) has returned 3.94% so far this year and 7.87% over the past 12 months.


Nuveen Dynamic Municipal Opportunities Fund

1D
3.21%
1M
-2.70%
YTD
3.94%
6M
2.64%
1Y
7.87%
3Y*
6.43%
5Y*
-1.83%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 27, 2020, NDMO's average daily return is 0.00%, while the average monthly return is +0.14%. At this rate, your investment would double in approximately 41.3 years.

Historically, 59% of months were positive and 41% were negative. The best month was Jan 2023 with a return of +15.2%, while the worst month was Apr 2022 at -12.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.

On a daily basis, NDMO closed higher 48% of trading days. The best single day was May 25, 2022 with a return of +4.3%, while the worst single day was Jun 13, 2022 at -4.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.80%2.92%-2.70%3.94%
20254.73%1.66%-2.07%-2.79%2.45%0.41%-1.98%2.38%4.73%2.52%0.96%-4.59%8.21%
20245.18%5.83%0.47%-1.37%1.79%0.48%0.75%1.22%3.52%-3.84%1.43%-6.76%8.31%
202315.20%-4.33%-1.67%1.13%0.13%-3.30%8.89%-4.26%-5.83%-6.45%8.26%1.64%7.25%
2022-8.57%-6.23%-6.65%-11.97%7.18%-8.30%11.34%-6.66%-9.28%-7.57%15.19%-7.13%-35.45%
20212.35%-1.98%4.02%3.28%0.89%1.66%3.05%-3.97%-2.87%-1.78%0.55%6.84%12.12%

Benchmark Metrics

Nuveen Dynamic Municipal Opportunities Fund has an annualized alpha of -1.79%, beta of 0.23, and R² of 0.06 versus S&P 500 Index. Calculated based on daily prices since August 28, 2020.

  • This stock participated in 107.54% of S&P 500 Index downside but only 60.50% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.23 may look defensive, but with R² of 0.06 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.06 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-1.79%
Beta
0.23
0.06
Upside Capture
60.50%
Downside Capture
107.54%

Return for Risk

Risk / Return Rank

NDMO ranks 61 for risk / return — better than 61% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


NDMO Risk / Return Rank: 6161
Overall Rank
NDMO Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
NDMO Sortino Ratio Rank: 5454
Sortino Ratio Rank
NDMO Omega Ratio Rank: 5454
Omega Ratio Rank
NDMO Calmar Ratio Rank: 6464
Calmar Ratio Rank
NDMO Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Nuveen Dynamic Municipal Opportunities Fund (NDMO) and compare them to a chosen benchmark (S&P 500 Index).


NDMOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.64

0.90

-0.25

Sortino ratio

Return per unit of downside risk

0.98

1.39

-0.40

Omega ratio

Gain probability vs. loss probability

1.13

1.21

-0.08

Calmar ratio

Return relative to maximum drawdown

1.11

1.40

-0.29

Martin ratio

Return relative to average drawdown

3.07

6.61

-3.53

Explore NDMO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Nuveen Dynamic Municipal Opportunities Fund provided a 7.23% dividend yield over the last twelve months, with an annual payout of $0.74 per share.


2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.80$1.00202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$0.74$0.74$0.74$0.77$0.92$0.92$0.23

Dividend yield

7.23%7.38%7.43%7.80%9.24%5.52%1.46%

Monthly Dividends

The table displays the monthly dividend distributions for Nuveen Dynamic Municipal Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.06$0.06$0.06$0.19
2025$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.74
2024$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.74
2023$0.08$0.08$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.77
2022$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.92
2021$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.92

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Nuveen Dynamic Municipal Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Nuveen Dynamic Municipal Opportunities Fund was 42.54%, occurring on Oct 27, 2022. The portfolio has not yet recovered.

The current Nuveen Dynamic Municipal Opportunities Fund drawdown is 19.27%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.54%Jul 14, 2021327Oct 27, 2022
-4.93%Feb 4, 202130Mar 18, 202125Apr 23, 202155
-3.18%May 11, 20213May 13, 202112Jun 1, 202115
-2.32%Jun 25, 20212Jun 28, 20216Jul 7, 20218
-2.09%Dec 30, 20205Jan 6, 202115Jan 28, 202120

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Nuveen Dynamic Municipal Opportunities Fund over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Nuveen Dynamic Municipal Opportunities Fund is priced in the market compared to other companies in the Capital Markets industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items