Nuveen Mortgage and Income Fund (NYSE:JLS – Get Free Report) declared a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.1535 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date is Monday, June 15th.
Nuveen Mortgage and Income Fund Stock Performance
Shares of Nuveen Mortgage and Income Fund stock opened at $18.09 on Wednesday. Nuveen Mortgage and Income Fund has a twelve month low of $17.45 and a twelve month high of $19.09. The business has a 50-day moving average price of $18.28 and a 200 day moving average price of $18.38.
About Nuveen Mortgage and Income Fund
Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company that primarily invests in U.S. residential mortgage-backed securities. The fund seeks to generate current income with the potential for capital appreciation by allocating assets across a diversified portfolio of agency and non-agency residential mortgage-backed securities, adjustable-rate mortgage securities and mortgage servicing rights. To enhance returns, the fund may employ leverage through repurchase agreements, preferred shares or other financing arrangements.
Since its inception in July 2006, Nuveen Mortgage and Income Fund has focused on navigating various interest-rate and credit-cycle environments through active duration management and credit analysis.
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