JLS - Nuveen Mortgage Opportunity Term Fund

NYSE - NYSE Delayed Price. Currency in USD
22.73
-0.06 (-0.26%)
At close: 4:02PM EDT

22.73 0.00 (0.00%)
After hours: 4:17PM EDT

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Previous Close22.79
Open22.75
Bid22.21 x 900
Ask23.82 x 800
Day's Range22.52 - 22.76
52 Week Range22.06 - 24.10
Volume47,310
Avg. Volume40,100
Market Cap361.632M
Beta (3Y Monthly)0.16
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.36 (5.98%)
Ex-Dividend Date2019-09-12
1y Target EstN/A
Trade prices are not sourced from all markets
  • Business Wire

    Two Nuveen Closed-End Funds Announce Final Results of Tender Offers; Nuveen Mortgage Opportunity Term Fund to Complete Fund Restructuring

    Each of the Nuveen Mortgage Opportunity Term Fund (NYSE: JLS) and the Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT) announced the final results of a tender offer. As previously announced, each fund conducted a tender offer allowing shareholders to offer their common shares for repurchase for cash at a price per share equal to 100 percent of the net asset value per share determined on the date the tender offer expired. The tender offers expired on October 7, 2019 at 5:00 p.m. Eastern time.

  • Business Wire

    Two Nuveen Closed-End Funds Announce Preliminary Results of Tender Offers

    Each of the Nuveen Mortgage Opportunity Term Fund (NYSE: JLS) and the Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT) announced the preliminary results of a tender offer. As previously announced, each fund conducted a tender offer allowing shareholders to offer their common shares for repurchase for cash at a price per share equal to 100 percent of the net asset value per share determined on the date the tender offer expired. The tender offers expired on October 7, 2019 at 5:00 p.m. Eastern time.

  • Business Wire

    Two Nuveen Closed-End Funds Announce Commencement of Tender Offers

    The Nuveen Mortgage Opportunity Term Fund (NYSE: JLS) and the Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT) today commenced a tender offer. As previously announced, each fund will conduct a tender offer allowing shareholders to offer up to 100 percent of their shares for repurchase for cash at a price per share equal to 100 percent of the net asset value per share determined on the date the tender offer expires. The tender offer will expire on October 7, 2019 at 5:00 p.m. Eastern time, or on such later date to which the offer is extended.

  • Business Wire

    Nuveen Mortgage Closed-End Funds Announce Alternate Proposals

    The Board of Trustees of Nuveen Mortgage Opportunity Term Fund (NYSE: JLS) and Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT) have approved a series of proposals that will allow shareholders the opportunity to maintain their exposure to securitized credit. In light of the upcoming scheduled termination of each fund, these alternate proposals, which replace a previously announced merger proposal, asks shareholders of each fund to vote to amend the charter and eliminate the term structure. For each fund, if the fund’s charter amendment and the other proposals described below are approved by shareholders, the fund will conduct a tender offer for up to 100 percent of its outstanding shares at NAV.

  • Business Wire

    Nuveen Mortgage Closed-End Funds Announce Proposed Merger and 100 Percent Tender Offer

    The Board of Trustees of Nuveen Mortgage Opportunity Term Fund (JLS) and Nuveen Mortgage Opportunity Term Fund 2 (JMT), in light of the upcoming scheduled termination of each fund, have approved a proposal that will allow shareholders to either continue their investment through a merger with a new fund or receive NAV through a 100 percent tender offer. The proposal is intended to give shareholders the opportunity to maintain their exposure to securitized credit, an important building block of diversified income portfolios due to attractive yields and low correlations relative to traditional assets classes. JLS and JMT are term funds that are scheduled to return the current net asset value to shareholders on November 30, 2019 and February 28, 2020, respectively.