Nuveen Municipal Credit Opportunities Fund: 10% owner JPMCB sold 990 shares

What happened

• JPMorgan Chase Bank, N.A., listed as a 10% owner, reported an other acquisition or disposition (code J) on Oct 22, 2026. The filing shows a disposition of 990 Series C MuniFund Preferred Shares and an acquisition of 990 Series C MuniFund Preferred Shares. Prices and total values are listed as N/A in the filing.

Key details

• Transaction date: Oct 22, 2026. Transaction code: J (other acquisition or disposition).
• Shares reported disposed: 990 Series C MuniFund Preferred Shares. Shares reported acquired: 990 Series C MuniFund Preferred Shares.
• Price: N/A for both transactions; total dollar values not provided.
• Shares owned after the transactions: not stated in the filing.
• Footnote F1: the 990 shares shown as disposed were indirectly beneficially owned by JPMCB via its ownership of the National Finance Authority Certificates Series 2026-PS2 Class A Certificate (the NFA Class A Certificate). On Oct 22, 2026 JPMCB deposited the NFA Class A Certificate into a trust designated as the JPM PD Series 5125; JPMCB, as a beneficiary of the trust and through contractual rights, retains an indirect beneficial ownership interest in the NFA Class A Certificate.
• Filing timeliness: not indicated in the provided filing details.

Why it may matter

• This filing involves a 10% owner (a large holder), not an executive officer.
• The filing reports transfers of preferred shares via an indirect ownership certificate and a trust deposit (per footnote F1), not an option exercise or a gift.
• A Form 4 filing does not show why the insider traded or why the company acted.