Nuveen Mortgage and Income Fund (JLS) To Go Ex-Dividend on December 15th

Nuveen Mortgage and Income Fund (NYSE:JLS) declared a monthly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be paid a dividend of 0.1535 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen Mortgage and Income Fund Stock Up 0.4%

JLS traded up $0.08 on Friday, hitting $18.42. The company had a trading volume of 20,344 shares, compared to its average volume of 18,747. The company’s fifty day moving average price is $18.67 and its 200 day moving average price is $18.71. Nuveen Mortgage and Income Fund has a 1-year low of $16.80 and a 1-year high of $19.25.

About Nuveen Mortgage and Income Fund

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.