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

Nuveen Mortgage and Income Fund (NYSE:JLS) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.1535 per share on Thursday, May 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 10.17%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Mortgage and Income Fund Trading Down 1.0 %

JLS traded down $0.19 during trading hours on Thursday, hitting $18.11. The stock had a trading volume of 28,901 shares, compared to its average volume of 20,334. Nuveen Mortgage and Income Fund has a 1 year low of $16.92 and a 1 year high of $19.25. The company’s fifty day simple moving average is $18.81 and its 200 day simple moving average is $18.49.

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.