Nuveen Mortgage and Income Fund (JLS) to Issue Monthly Dividend of $0.15 on December 1st

Nuveen Mortgage and Income Fund (NYSE:JLS) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.1535 per share on Monday, December 1st. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date is Friday, November 14th.

Nuveen Mortgage and Income Fund Stock Performance

Shares of NYSE JLS opened at $18.73 on Wednesday. Nuveen Mortgage and Income Fund has a 52-week low of $16.80 and a 52-week high of $19.25. The firm has a 50 day moving average price of $18.80 and a 200 day moving average price of $18.61.

Nuveen Mortgage and Income Fund Company Profile

Nuveen Mortgage and Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and Wellington Management Company LLP. It invests in the fixed income markets of the United States. The fund invests in undervalued mortgage-backed securities consisting primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities with a favorable total return potential.