Nuveen Mortgage and Income Fund:JLS

    Manage Alerts


    As of 6/11/2021. NAV as of 6/10/2021.

    52 Wk Avg$19.76$21.89-9.74%
    52 Wk High$21.82$22.68-4.49%
    52 Wk Low$17.73$20.50-15.51%
    Regular Distribution TypeIncome Only
    Distribution Rate4.74%
    Distribution Amount$0.0830
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund's objective is to generate high current income through opportunistic investments in securitized credit.The Fund invests at least 65% of its managed assets in mortgage-backed securities (MBS), including residential MBS and commercial MBS, and up to 35% in non-mortgage related asset-backed securities (ABS).

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$165.049M
    Total Common Assets:$124.345M
    Common Shares Outstanding:5,487,440

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $40.703M
    Regulatory Leverage (USD): $15.505M
    Effective Leverage (USD): $40.703M
    Effective Leverage (%): 24.66%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees1.25%
    Other Expenses:-0.62%
    Baseline Expense: N/A
    Interest Expense:0.91%
    Total: 1.54%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Nicholas Travaglino, Aashh Parekh, Stephen Virgilio

    Category: Fixed Income - Taxable-High Yield
    Ticker: JLS
    NAV Ticker:
    Average Daily Volume (shares): 20,162
    Average Daily Volume (USD): $0.394M
    Inception Date: 11/25/2009
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports


    As of 6/11/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2020
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    Total Return on NAV (12 months):
    As of 6/11/2021
    Avg. Portfolio Coupon:
    As of 6/11/2021
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021

    For the latest UNII information on this fund, please visit the Nuveen fund page.

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-8.90%
    1 Year-9.74%
    3 Year-4.89%
    5 Year-4.56%

    As of 6/11/2021

    3 Month-0.02
    6 Month0.85
    1 Year1.05
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/10/2021
    Number of Holdings:
    As of 4/30/2021
    Annual Portfolio Turnover:
    As of 12/31/2020
    Average Bond Price:
    As of 4/30/2021
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Securitized (Super Sector)96.53%
    Government Commercial Mortgage Backed30.58%
    Asset Backed29.84%
    Agency Mortgage Backed26.53%
    Non Agency Residential Mortgage Backed9.59%
    Cash Equivalents2.08%
    Cash Equivalents (Super Sector)2.08%
    Corporate Bond1.39%
    Corporate (Super Sector)1.39%
    Call Exposure

    As of 10/31/2019 reported by Fund Sponsor

    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Federal National Mortgage Association 2.21%$3.46M2.13%
    Federal Agricultural Mortgage Corporation$3.37M2.08%
    Bcap Llc Tr 07-Aa1 0.29%$3.26M2.02%
    Federal National Mortgage Association 2.66%$2.54M1.57%
    Federal Home Loan Mortgage Corporation 1.76%$2.28M1.41%
    Federal Home Loan Mortgage Corporation 1.51%$2.21M1.37%
    CARS MTI-1 LP MTI-2 LLC MTI-3 LLC MTI-4 LP MTI-5 LP MTI-7 LLC 4.69%$2.17M1.34%
    CKE Restaurants, Inc. 3.98%$2.09M1.29%
    Federal Home Loan Mortgage Corporation 1.96%$2.02M1.25%
    Credit Quality

    As of 4/30/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 4/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income88.24%
    Others - Fixed Income6.17%
    Canada - Fixed Income1.55%
    United Kingdom - Fixed Income1.01%
    Mexico - Fixed Income0.95%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.