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 Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1535 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Mortgage and Income Fund Trading Up 0.1%

Shares of JLS stock opened at $17.49 on Thursday. Nuveen Mortgage and Income Fund has a 1 year low of $17.29 and a 1 year high of $19.09. The business’s fifty day moving average is $18.00 and its 200-day moving average is $18.22.

Nuveen Mortgage and Income Fund Company Profile

Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company that primarily invests in U.S. residential mortgage-backed securities. The fund seeks to generate current income with the potential for capital appreciation by allocating assets across a diversified portfolio of agency and non-agency residential mortgage-backed securities, adjustable-rate mortgage securities and mortgage servicing rights. To enhance returns, the fund may employ leverage through repurchase agreements, preferred shares or other financing arrangements.

Since its inception in July 2006, Nuveen Mortgage and Income Fund has focused on navigating various interest-rate and credit-cycle environments through active duration management and credit analysis.