Nuveen Mortgage and Income Fund (JLS)
| Market Value | 99.41M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 5.48M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.79 (9.85%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 15,296 |
| Open | 17.92 |
| Previous Close | 17.91 |
| Day's Range | 17.88 - 18.21 |
| 52-Week Range | 16.61 - 19.15 |
| Beta | 0.54 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About JLS
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. It seeks to invest in below investment g... [Read more]
News
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare fo...
The Month In Closed-End Funds: January 2024
For the first month in three, equity CEFs (-0.59% on a NAV basis) suffered losses while their fixed-income CEF (+0.49%) counterparts on average posted plus-side returns. At month-end, 11% of all CEFs ...
Key Decision Factors For CEF Allocation In Today's Market
The price action in the CEF market over the last few months has been fast and furious. We revisit the key decision factors of income investing that can streamline and organize the allocation process a...
JLS: Take Advantage Of The 2024 Housing Reversal With This 10% Yielder
U.S. home sales declined in 2022 and continued to cool down in the first half of 2023 due to high mortgage rates and low inventory. Housing prices have risen over the past two years and may continue t...
Two Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Two Nuveen closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below. The following dates apply to today's di...
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea...
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trust...
JLS: This 9.1%-Yield Higher-Quality CEF Clocks In Another Net Income Rise
Nuveen Mortgage and Income Fund trades at a 14% discount and offers a 9.1% current yield. JLS has seen a 13% increase in net income, leading to steady distribution hikes. The fund's outperformance, ri...
PIMCO CEF Update: ARPS Go On The Chopping Block
We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very exp...
JLS: This 9%-Yielding CEF Has Hit Its Stride With 2 Recent Distribution Hikes
We take a look at JLS - a CEF that allocates primarily to mortgage and securitized assets. JLS has a significant allocation to higher-quality floating-rate assets, which aligns well with today's envir...
CEF Report February 2023 | The January Effect Didn't Disappoint
The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors ...
JLS: This 8.2%-Yielding CEF Is Well Aligned For The Current Environment
We take a look at JLS - a CEF that allocates primarily to mortgage and securitized assets. JLS has a significant allocation to higher-quality floating-rate assets which aligns well with today's enviro...
Attractive Income Opportunities In Niche And Resilient Sectors
Most bread-and-butter income sectors took significant losses this year and this includes high-quality sectors like investment-grade bonds which normally outperform in weakness. In this article, we hig...
7-8% Yielding Consumer-Linked Assets Worth A Look In This Market Environment
Many income portfolios are heavily overweight corporate risk whether through equity or credit-linked securities. Consumer-facing risk offers diversification and good value.
CEF Weekly Market Review: Don't Look At CEFs As A Black Box
We review CEF market valuation and performance over the fourth week of November and highlight recent mark. The last full week of November continued the weak trend earlier in the month.
CEF Weekly Market Review: Another Strong Month
We review CEF market valuation and performance over the past week and highlight recent events. We discuss news and market action across a number of funds such as FCT, UTG, KYN, KMF, RTAI, and others.
Using Term Funds For A Source Of Cash During Market Sell-Offs
We have been discussing tight valuations and ways to reduce risk including shifting to open-end mutual funds as you wait out valuations. Another option is shifting to term funds as a mechanism for red...
Why Understanding CEF Fee Structure Is A Source Of Alpha
Why Understanding CEF Fee Structure Is A Source Of Alpha
