Nuveen Mortgage and Income Fund (JLS) to Issue Monthly Dividend of $0.15 on December 31st

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.1535 per share on Tuesday, December 31st. This represents a $1.84 annualized dividend and a yield of 9.96%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Mortgage and Income Fund Price Performance

Nuveen Mortgage and Income Fund stock opened at $18.49 on Wednesday. Nuveen Mortgage and Income Fund has a 52 week low of $16.61 and a 52 week high of $18.90. The stock has a fifty day moving average of $18.33 and a 200-day moving average of $18.10.

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.