Nuveen Mortgage and Income Fund (NYSE:JLS) Declares Monthly Dividend of $0.15

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 yield of 9.9%. The ex-dividend date is Monday, December 15th.

Nuveen Mortgage and Income Fund Price Performance

NYSE JLS traded up $0.02 on Tuesday, hitting $18.63. 1,103 shares of the company traded hands, compared to its average volume of 18,592. The business’s 50 day moving average price is $18.73 and its 200-day moving average price is $18.70. Nuveen Mortgage and Income Fund has a 52-week low of $16.80 and a 52-week high of $19.25.

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.