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

Nuveen Mortgage and Income Fund (NYSE:JLS) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors 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 yield of 9.70%. The ex-dividend date is Friday, March 14th.

Nuveen Mortgage and Income Fund Stock Performance

JLS stock traded down $0.02 on Tuesday, hitting $18.99. 30,880 shares of the company were exchanged, compared to its average volume of 17,804. Nuveen Mortgage and Income Fund has a twelve month low of $16.92 and a twelve month high of $19.15. The business’s fifty day moving average is $18.58 and its two-hundred day moving average is $18.40.

About Nuveen Mortgage and Income Fund

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.