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

Nuveen Mortgage and Income Fund (NYSE:JLS) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.1535 per share on Monday, March 3rd. This represents a $1.84 annualized dividend and a dividend yield of 9.75%. The ex-dividend date is Friday, February 14th.

Nuveen Mortgage and Income Fund Price Performance

Shares of NYSE:JLS opened at $18.89 on Wednesday. Nuveen Mortgage and Income Fund has a 52-week low of $16.61 and a 52-week high of $19.15. The stock has a 50 day moving average price of $18.46 and a 200-day moving average price of $18.31.

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.