NMZ ETF largest sector is Financials at 45.0% as of Jan 31, 2026

NMZ ETF largest sector is Financials at 45.0% as of Jan 31, 2026
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Financials is NMZ's largest sector at 45.0% of the fund as of Jan 31, 2026. NMZ is Nuveen Municipal High Income Opportunity Fund.

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Sector Concentration AnalysisPRO

Top 3 Sectors
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of total portfolio
Concentration Level
PRO
concentration risk
Largest Sector
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Sector AllocationPRO

Sector BreakdownPRO

SectorHoldingsWeight
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Industry BreakdownPRO

Top 15 industries by allocation

NMZ ETF Sector Allocation

NMZ sector allocation breaks down across Financials (38.9%), Industrials (8.8%), Real Estate (8.4%), Utilities (3.9%), Health Care (3.6%). Across 893 holdings, this breakdown reveals the ETF's investment focus and diversification.

NMZ sector exposure is important for understanding concentration risk. The fund shows reasonable diversification across sectors.

NMZ by country shows geographic exposure. NMZ overlap reveals how sector exposure compares with other funds.

NMZ ETF Sector Allocation

Sector Concentration Analysis

Top 3 Sectors

62.1%

of total portfolio

Concentration Level

Moderate

concentration risk

Largest Sector

45.0%

Financials

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Sector Breakdown

  • 1Financials
    45.03%
  • 2Industrials
    8.72%
  • 3Real Estate
    8.36%
  • 4Utilities
    6.64%
  • 5Health Care
    3.60%
  • 6Consumer Discretionary
    0.32%

Industry Breakdown (Top 15)

Specialized Finance
35.9%
116 holdings
Thrifts & Mortgage Finance
5.9%
13 holdings
Real Estate Development
5.5%
34 holdings
Construction & Engineering
4.2%
16 holdings
Gas Utilities
3.0%
6 holdings
Diversified Real Estate Activities
2.7%
12 holdings
Multi-Utilities
2.4%
7 holdings
Health Care Facilities
2.0%
4 holdings
Diversified Banks
1.8%
8 holdings
Health Care Services
1.6%
2 holdings
Marine Ports & Services
1.6%
8 holdings
Airport Services
1.1%
3 holdings
Independent Power Producers & Energy Traders
0.8%
2 holdings
Highways & Railtracks
0.8%
1 holding
Mortgage REITs
0.7%
4 holdings