Positive Press Coverage Somewhat Unlikely to Impact Nuveen Mortgage Opportunity Term Fund 2 (JMT) Stock Price
News coverage about Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) has trended positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nuveen Mortgage Opportunity Term Fund 2 earned a media sentiment score of 0.42 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 47.3505182143098 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) traded down $0.07 during mid-day trading on Friday, reaching $24.76. 5,877 shares of the company were exchanged, compared to its average volume of 6,093. Nuveen Mortgage Opportunity Term Fund 2 has a 52-week low of $22.74 and a 52-week high of $25.00.
The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a dividend of $0.1125 per share. This represents a $1.35 annualized dividend and a dividend yield of 5.45%. The ex-dividend date is Thursday, December 14th.
Nuveen Mortgage Opportunity Term Fund 2 (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.
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