Performance analysis of Nuveen Municipal Credit Opportunities Fund (NMCO)
Annual Return
Over the past 3 years, NMCO has had an average annual return of +5.86%, underperforming the benchmark SPY, which returned +18.99% annual.
Over the past 5 years, NMCO has had an average annual return of -1.80%, underperforming the benchmark SPY, which returned +12.39% annual.
Since Sep 17, 2019, NMCO has had an average annual return of +0.49%, underperforming the benchmark SPY, which returned +15.72% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +6.92% | +4.15% | +13.64% | -4.21% | -25.65% | +26.97% | -11.52% | +2.15% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.08% | +2.71% | -2.31% | +1.88% | +1.76% | +1.20% | -3.35% | +6.92% | |||||
| 2025 | +4.43% | +2.72% | -4.21% | -3.46% | +3.41% | +2.46% | -5.81% | +3.67% | +5.70% | +1.27% | -1.94% | -3.32% | +4.15% |
| 2024 | +2.78% | +3.10% | +1.44% | -3.61% | +3.85% | +5.89% | +1.72% | +3.22% | +2.59% | -4.32% | +2.62% | -5.69% | +13.64% |
| 2023 | +9.68% | -6.94% | +3.10% | -2.37% | +0.91% | -2.44% | +6.13% | -3.26% | -11.58% | -10.10% | +15.08% | +0.84% | -4.21% |
| 2022 | -5.75% | -2.56% | -4.91% | -5.47% | +6.06% | -8.20% | +10.08% | -3.37% | -16.55% | -2.48% | +15.03% | -7.11% | -25.65% |
| 2021 | +8.52% | -0.57% | +1.67% | +5.87% | +1.23% | +3.91% | +2.81% | -0.44% | -3.19% | -0.05% | +3.67% | +1.24% | +26.97% |
| 2020 | +1.32% | -1.71% | -14.96% | -14.14% | +6.65% | +1.57% | +8.85% | +1.26% | -2.38% | -6.84% | +9.46% | +2.38% | -11.52% |
| 2019 | +3.34% | -2.60% | -0.23% | +1.72% | +2.15% |
Drawdown analysis of Nuveen Municipal Credit Opportunities Fund (NMCO)
The maximum drawdown for the NMCO was -42.01%, occurring on Mar 23, 2020. Recovery took 281 trading sessions.
The current NMCO drawdown is -11.11%.
Since Sep 17, 2019 NMCO has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 2 times
- 20% or more: 2 times
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.01% | Mar 3, 2020 | 14 | Mar 23, 2020 | 281 | May 4, 2021 | 295 |
| -39.82% | Dec 10, 2021 | 471 | Oct 26, 2023 | Ongoing | Ongoing | Ongoing |
| -6.23% | Jul 12, 2021 | 76 | Oct 27, 2021 | 30 | Dec 9, 2021 | 106 |
| -6.06% | Oct 2, 2019 | 16 | Oct 24, 2019 | 49 | Jan 6, 2020 | 65 |
| -3.11% | Jan 6, 2020 | 36 | Feb 27, 2020 | 3 | Mar 3, 2020 | 39 |
| -1.00% | Sep 27, 2019 | 1 | Sep 30, 2019 | 2 | Oct 2, 2019 | 3 |
| -0.92% | Sep 19, 2019 | 1 | Sep 20, 2019 | 2 | Sep 24, 2019 | 3 |
| -0.84% | Jun 10, 2021 | 6 | Jun 18, 2021 | 2 | Jun 22, 2021 | 8 |
| -0.80% | May 7, 2021 | 3 | May 12, 2021 | 13 | Jun 1, 2021 | 16 |
| -0.57% | Jul 7, 2021 | 1 | Jul 8, 2021 | 1 | Jul 9, 2021 | 2 |
| -0.53% | Jun 3, 2021 | 2 | Jun 7, 2021 | 1 | Jun 8, 2021 | 3 |
| -0.41% | May 5, 2021 | 1 | May 6, 2021 | 1 | May 7, 2021 | 2 |
| -0.26% | Jun 24, 2021 | 1 | Jun 25, 2021 | 1 | Jun 28, 2021 | 2 |
| -0.14% | Sep 24, 2019 | 1 | Sep 25, 2019 | 1 | Sep 26, 2019 | 2 |
| -0.06% | Jun 22, 2021 | 1 | Jun 23, 2021 | 1 | Jun 24, 2021 | 2 |