Nuveen Mortgage and Income Fund (JLS) to Issue Monthly Dividend of $0.15 on April 1st

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.1535 per share on Tuesday, April 1st. This represents a $1.84 annualized dividend and a dividend yield of 9.66%. The ex-dividend date is Friday, March 14th.

Nuveen Mortgage and Income Fund Trading Down 0.1 %

NYSE JLS traded down $0.01 during trading hours on Wednesday, hitting $19.06. The company’s stock had a trading volume of 11,966 shares, compared to its average volume of 17,797. Nuveen Mortgage and Income Fund has a twelve month low of $16.92 and a twelve month high of $19.25. The stock has a fifty day moving average of $18.70 and a 200 day moving average of $18.44.

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.