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

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.1535 per share on Thursday, August 1st. This represents a $1.84 dividend on an annualized basis and a yield of 10.22%. The ex-dividend date of this dividend is Monday, July 15th.

Nuveen Mortgage and Income Fund Trading Up 0.2 %

NYSE JLS traded up $0.03 on Tuesday, reaching $18.03. 16,074 shares of the stock traded hands, compared to its average volume of 20,522. The company has a fifty day moving average price of $17.65 and a 200-day moving average price of $17.39. Nuveen Mortgage and Income Fund has a 12 month low of $15.48 and a 12 month high of $18.30.

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.