# NMCO Rights Offering Results

> Nuveen Municipal Credit Opportunities Fund's 1-for-4 rights offering raised $113 million with 96% subscription.
- Title: NMCO Rights Offering Results · Seekingalpha | Shortify
- Summary: Nuveen Municipal Credit Opportunities Fund's 1-for-4 rights offering raised $113 million with 96% subscription.
- Keywords: nuveen municipal credit opportunities fu, rights offering, 1-for-4, nmco, municipal credit, nav, money, business, Rights, Offering, Results, Seekingalpha
- Source: Seekingalpha — https://seekingalpha.com/article/4955494-nmcos-rights-offering-results
- Author: Stanford Chemist
- Published: 2026-10-20T14:24:36+00:00
- Read time: 1 min
- Topics: nuveen municipal credit opportunities fu, rights offering, 1-for-4, nmco, municipal credit, nav, money, business
## Rights Offering Details
Nuveen Municipal Credit Opportunities Fund expects to issue about 13.7 million new shares at $8.25, 90% of NAV, raising about $113 million in its 1-for-4 rights offering.
## Subscription Results
The offering was roughly 96% subscribed, so NAV dilution came to about -1.9% (-$0.18 per share), close to the -2.0% full-subscription estimate.
## Expense Coverage
Nuveen, not the fund, bore the offering expenses, so there was no further NAV hit from a sales load.
## Key takeaway

Nuveen Municipal Credit Opportunities Fund raised $113 million through a 1-for-4 rights offering with 96% subscription.