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

Nuveen Mortgage and Income Fund (NYSE:JLS) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders 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 dividend yield of 10.17%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen Mortgage and Income Fund Price Performance

Shares of JLS traded up $0.04 during trading hours 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 1-year low of $15.71 and a 1-year high of $18.90. The company has a 50 day moving average of $18.30 and a two-hundred day moving average of $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.