Nuveen Mortgage and Income Fund (NYSE:JLS – Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.03 and traded as high as $16.13. Nuveen Mortgage and Income Fund shares last traded at $15.74, with a volume of 24,589 shares trading hands.
Nuveen Mortgage and Income Fund Stock Down 0.3 %
The firm’s fifty day moving average is $16.01 and its two-hundred day moving average is $16.09.
Nuveen Mortgage and Income Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be given a $0.142 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.70 annualized dividend and a dividend yield of 10.75%.
Institutional Trading of Nuveen Mortgage and Income Fund
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.
- Five stocks we like better than Nuveen Mortgage and Income Fund
- What is the S&P/TSX Index?
- 3 large caps with red hot RSIs with upside
- How to Start Investing in Penny Stocks
- Johnson Controls International: Nothing but upside for investors
- Best Aerospace Stocks Investing
- Unity Software’s resilient rebound post-earnings setback
Receive News & Ratings for Nuveen Mortgage and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Mortgage and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.