JLS: What's In Store For This Cheapest RMBS CEF [Seeking Alpha]
Nuveen Mortgage and Income Fund (JLS)
US:NYSE Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=jls
Company Research
Source: Seeking Alpha
Summary JLS has recently ditched its term date and tweaked its investment objective. The fund allocates to an attractive asset class linked to healthier household balance sheets, strong labor growth and rising house prices. We think the fund could drive returns by stronger earnings growth coming out of the restructuring as well as the compression in the discount differential to the sector. The newly rechristened Nuveen Mortgage and Income Fund ( In this article, we place the fund within its sector and evaluate its future drivers of return. We like the fund and think it should be able to drive returns from both an increase in earnings as well as a compression in discount between it and the rest of the sector. A Brief History of JLS To recap the history of the fund, it IPO'd in 2009 just as the financial crisis was coming to an end. Nuveen set up JLS and its now-terminated sister fund, JMT, to take advantage of the crisis in the mortgage market, specifically the non-agency mortgage-back
Show less
Read more
Impact Snapshot
Event Time:
JLS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JLS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JLS alerts
High impacting Nuveen Mortgage and Income Fund news events
Weekly update
A roundup of the hottest topics
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