Nuveen Mort Opp Term Fund 2:JMT

    Manage Alerts


    As of 8/20/2019

    52 Wk Avg$22.64$22.78-0.60%
    52 Wk High$23.37$23.591.29%
    52 Wk Low$21.71$22.27-3.09%
    Regular Distribution TypeIncome Only
    Distribution Rate6.05%
    Distribution Amount$0.1125
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks total return through opportunistic investments in mortgage-backed securities (MBS).

    Capital Structure

    As of 8/20/2019

    Total Net Assets:$154.830M
    Total Common Assets:$108.630M
    Common Shares Outstanding:4,871,277

    As of 6/28/2019

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $46.000M
    Structural Leverage (USD): $46.000M
    Structural Leverage (%): 29.66%
    Effective Leverage (USD): $46.000M
    Effective Leverage (%): 29.66%
    Annual Expense Ratios

    As of 12/31/2018

      Per Common Share
    Management Fees1.55%
    Other Expenses:0.27%
    Baseline Expense: 1.83%
    Interest Expense:1.33%
    Total: 3.16%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors

    Portfolio Managers
    Michael F Garrett (24 Feb 2010)

    Category: Taxable Income-Mortgage Bond
    Ticker: JMT
    NAV Ticker: XJMTX
    Average Daily Volume (shares): 11,000
    Average Daily Volume (USD): $0.247M
    Inception Date: 2/24/2010
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: Yes
    Fiscal Year End: December 31
    Third Party Links & Reports


    As of 8/20/2019

    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 2/28/2019
    Annualized Distribution Rate on NAV:
    As of 8/20/2019
    Total Return on NAV (12 months):
    As of 8/20/2019
    Avg. UNII Per Share:
    As of 6/30/2018
    Total % Portfolio Effectively Leveraged:
    As of 8/20/2019

    Pricing Information

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

    As of 8/20/2019

    PeriodAvg Discount
    6 Month-0.10%
    1 Year-0.60%
    3 Year-2.85%
    5 Year-5.60%

    As of 8/21/2019

    3 Month0.10
    6 Month0.50
    1 Year0.80
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 8/20/2019
    Category: Mortgage Bond Leveraged

    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 8/20/2019
    Category: Mortgage Bond Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2019
    Annual Portfolio Turnover:
    As of 12/31/2018
    Asset Allocation

    As of 3/29/2019 reported by Fund Sponsor

    Top Sectors

    As of 3/29/2019 reported by Fund Sponsor

    Non-Agency RMBS Other 49.20%
    CMBS New Vintage (post 2011.50%
    Other ABS 11.30%
    CMBS Not Guaranteed 8.80%
    Non-Agency RMBS Alt A 8.20%
    Non-Agency RMBS Prime 3.20%
    Cash 2.90%
    Other Agency CMOs 2.00%
    Non-Agency RMBS Subprime 1.30%
    Other Agency Other 0.60%
    Top Holdings

    As of 12/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Cash Equivalent (State Street Repo)$4.03M2.56%
    United States Treasury Bills 0% 08 Jan 2019$2.35M1.49%
    Ramp Series Tr 2006-Nc2 FRN 0.48 25 Feb 2036$2.12M1.34%
    Federal Home Loan Mortgage Corporation 4 4.79 25 Sep 2030$1.67M1.06%
    FHLMC CMO 3.90 25 Apr 2030$1.66M1.05%
    Federal National Mortgage Association 4. 4.47 25 Jul 2030$1.66M1.05%
    Sofi Consumer Ln Prgrm 2016-3 FRN 4.49 26 Dec 2025$1.63M1.03%
    FNMA CMO 3.74 25 Aug 2030$1.60M1.01%
    FNMA CMO 6.09 25 Nov 2029$1.57M1.00%
    FHLMC CMO 6.77 25 Jul 2028$1.53M0.97%
    Volt Lx Llc 2017-Npl7 FRN 5.38 25 Apr 2059$1.50M0.95%
    Credit Quality

    As of 4/30/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 3/29/2019 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2015 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00%

    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.