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

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.1535 per share on Thursday, August 1st. This represents a $1.84 annualized dividend and a dividend 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 opened at $18.03 on Wednesday. The firm’s 50 day moving average price is $17.66 and its 200-day moving average price is $17.39. Nuveen Mortgage and Income Fund has a 52-week low of $15.48 and a 52-week high of $18.30.

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.