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

Nuveen Mortgage and Income Fund (NYSE:JLS) declared a monthly dividend on Monday, December 1st. Stockholders of record on Monday, December 15th will be given a dividend of 0.1535 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date is Monday, December 15th.

Nuveen Mortgage and Income Fund Stock Up 0.1%

Nuveen Mortgage and Income Fund stock traded up $0.02 during midday trading on Tuesday, reaching $18.63. 1,103 shares of the company traded hands, compared to its average volume of 18,592. Nuveen Mortgage and Income Fund has a 12 month low of $16.80 and a 12 month high of $19.25. The business has a 50 day moving average of $18.73 and a two-hundred day moving average of $18.70.

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.