JMT - Nuveen Mortgage Opportunity Term Fund 2

NYSE - Nasdaq Real Time Price. Currency in USD
22.05
+0.00 (+0.02%)
At close: 3:59PM EST
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Previous Close22.05
Open22.05
Bid0.00 x 1300
Ask0.00 x 1800
Day's Range22.02 - 22.08
52 Week Range21.95 - 24.10
Volume6,954
Avg. Volume11,463
Market Cap107.55M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire

    Nuveen Mortgage Opportunity Term Fund 2 Announces Termination and Liquidation

    The Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) successfully completed its termination and liquidation following the close of business on December 20, 2019. The termination and liquidation was performed consistent with the fund’s previously announced liquidation plans.

  • Business Wire

    Nuveen Mortgage Opportunity Term Fund 2 Announces Liquidation Details

    The Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT) today announced new details concerning its liquidation. JMT plans to terminate its existence and liquidate on or about December 20, 2019. JMT was launched as a ten-year term fund with a termination date of February 28, 2020.

  • 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

    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.