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, February 3rd,NASDAQ Dividends reports. Investors 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 annualized dividend and a yield of 9.81%. The ex-dividend date is Friday, February 14th.

Nuveen Mortgage and Income Fund Stock Up 0.6 %

JLS stock traded up $0.11 during trading hours on Tuesday, hitting $18.77. 26,397 shares of the stock were exchanged, compared to its average volume of 18,182. Nuveen Mortgage and Income Fund has a 12 month low of $16.61 and a 12 month high of $19.15. The company has a 50-day simple moving average of $18.41 and a two-hundred day simple moving average of $18.28.

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.