Nuveen Mortgage and Income Fund (NYSE:JLS) Plans Monthly Dividend of $0.15

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be given a dividend of $0.1535 per share on Tuesday, December 1st. This represents a $1.84 annualized dividend and a yield of 11.2%. The ex-dividend date is Friday, November 13th.

Nuveen Mortgage and Income Fund Stock Up 0.8%

NYSE:JLS opened at $16.52 on Tuesday. The stock’s fifty day moving average price is $16.47 and its two-hundred day moving average price is $17.62. Nuveen Mortgage and Income Fund has a 52-week low of $16.01 and a 52-week high of $18.94.

Institutional Trading of Nuveen Mortgage and Income Fund

A number of institutional investors have recently bought and sold shares of JLS. Choreo LLC acquired a new stake in shares of Nuveen Mortgage and Income Fund during the third quarter worth $171,000. Venture Visionary Partners LLC raised its holdings in Nuveen Mortgage and Income Fund by 33.5% during the 3rd quarter. Venture Visionary Partners LLC now owns 62,448 shares of the company’s stock worth $1,022,000 after buying an additional 15,666 shares during the period. Noble Wealth Management PBC acquired a new position in Nuveen Mortgage and Income Fund in the 3rd quarter worth $27,000. Hennion & Walsh Asset Management Inc. boosted its position in shares of Nuveen Mortgage and Income Fund by 14.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 33,944 shares of the company’s stock worth $593,000 after buying an additional 4,361 shares during the period. Finally, Concorde Asset Management LLC grew its stake in shares of Nuveen Mortgage and Income Fund by 18.5% during the 1st quarter. Concorde Asset Management LLC now owns 27,080 shares of the company’s stock worth $495,000 after acquiring an additional 4,230 shares in the last quarter.

Nuveen Mortgage and Income Fund Company Profile

Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company designed to provide current income and, to a lesser extent, capital appreciation. The fund is managed by Nuveen, the investment management arm of TIAA, and is listed on the New York Stock Exchange.

JLS invests primarily in mortgage-related securities and other income-producing debt instruments. Its portfolio may include residential and commercial mortgage-backed securities, including securities issued or guaranteed by U.S.