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

by · The Markets Daily

Nuveen Mortgage and Income Fund (NYSE:JLS – Get Free Report) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.1535 per share on Tuesday, December 31st. This represents a $1.84 annualized dividend and a yield of 9.96%. The ex-dividend date is Friday, December 13th.

Nuveen Mortgage and Income Fund Trading Up 0.4 %

Shares of JLS stock traded up $0.08 during trading hours on Tuesday, hitting $18.49. 2,171 shares of the company’s stock were exchanged, compared to its average volume of 21,959. The firm has a 50 day moving average of $18.32 and a two-hundred day moving average of $18.09. Nuveen Mortgage and Income Fund has a fifty-two week low of $16.61 and a fifty-two week high of $18.90.

Nuveen Mortgage and Income Fund Company Profile

(Get Free Report)

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.

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