Two Nuveen Closed-End Funds Announce Final Results of Tender Offers; Nuveen Mortgage Opportunity Term Fund to Complete Fund Restructuring
Nuveen Mortgage and Income Fund (JLS)
US:NYSE Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=jls
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--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.JLSIn JLS’s tender offer, 10,402,186 common shares were tendered, representing approximately 65.5 percent of the fund’s common shares outstanding. Properly tendered shares will be repurchased as promptly as practicable at the NAV of JLS as of the close of ordinary trading on the New York Stock Exchange on the expiration date, October 7, 2019, which was $23.1002 per share. Shareholders of JLS who have questions regarding the tender offer should contact Georgeson LLC,
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JLS
Sec Filings
- 10/18/24 - Form SC
- 9/5/24 - Form N-CSRS
- 8/29/24 - Form N-PX
- JLS's page on the SEC website