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BlackRock Capital Allocation Term (BCAT) vs Nuveen Municipal High Income Opportunity Fund (NMZ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Nuveen Municipal High Income Opportunity Fund is the larger company by market cap ($1.93 billion vs $1.45 billion), about 1.3 times the size. On valuation, BlackRock Capital Allocation Term trades at a lower trailing P/E (5.7x vs 14.9x for Nuveen Municipal High Income Opportunity Fund). Nuveen Municipal High Income Opportunity Fund pays a dividend yielding 8.73%, while BlackRock Capital Allocation Term does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

BCAT versus NMZ key metrics
MetricBCATNMZ
Share price$13.65$8.97
Market cap$1.45B$1.93B
1-day change-0.91%+0.08%
YTD return-2.75%—
1-year return-7.09%—
5-year return-29.20%—
P/E ratio (TTM)5.6914.95
EPS (TTM)$2.40$0.60
Dividend yield21.80%8.73%
Annual dividend$0.00$0.783
52-week high$16.20$10.77
52-week low$13.43$8.69
Distance from 52-week high-15.77%-16.74%
Average volume898.14K962.85K
Shares outstanding106.28M215.37M
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/Investors Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Nuveen Municipal High Income Opportunity Fund trades at a higher earnings multiple (14.9x vs 5.7x trailing P/E).
  • BlackRock Capital Allocation Term offers a meaningfully higher dividend yield (21.80% vs 8.73%).

About Nuveen Municipal High Income Opportunity Fund

NMZ stock →

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.

Finance · Finance/Investors Services

BCAT vs NMZ FAQ

Which is bigger, BlackRock Capital Allocation Term or Nuveen Municipal High Income Opportunity Fund?

Nuveen Municipal High Income Opportunity Fund (NMZ) is larger, with a market capitalization of $1.93B compared with $1.45B for BlackRock Capital Allocation Term (BCAT).

Which has the lower P/E ratio, BCAT or NMZ?

BCAT has the lower trailing P/E at 5.7, versus 14.9 for NMZ. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, BlackRock Capital Allocation Term or Nuveen Municipal High Income Opportunity Fund?

BlackRock Capital Allocation Term has the higher yield at 21.80%, compared with 8.73% for Nuveen Municipal High Income Opportunity Fund.

Are BlackRock Capital Allocation Term and Nuveen Municipal High Income Opportunity Fund in the same industry?

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

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