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, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.1535 per share on Monday, March 3rd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 9.81%. The ex-dividend date is Friday, February 14th.

Nuveen Mortgage and Income Fund Stock Up 0.6 %

Nuveen Mortgage and Income Fund stock opened at $18.77 on Wednesday. Nuveen Mortgage and Income Fund has a 1-year low of $16.61 and a 1-year high of $19.15. The firm’s 50 day simple moving average is $18.41 and its 200 day simple moving average is $18.28.

About Nuveen Mortgage and Income Fund

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.