Nuveen Mortgage and Income Fund (JLS) to Issue Monthly Dividend of $0.15 on December 2nd

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.1535 per share on Monday, December 2nd. This represents a $1.84 dividend on an annualized basis and a yield of 10.17%. The ex-dividend date is Friday, November 15th.

Nuveen Mortgage and Income Fund Price Performance

NYSE JLS traded up $0.04 on Wednesday, reaching $18.11. The company’s stock had a trading volume of 13,734 shares, compared to its average volume of 22,724. Nuveen Mortgage and Income Fund has a twelve month low of $15.71 and a twelve month high of $18.90. The firm’s 50 day moving average is $18.30 and its two-hundred day moving average is $18.03.

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.