News headlines about Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) have trended positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nuveen Mortgage Opportunity Term Fund 2 earned a coverage optimism score of 0.37 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 47.3505182143098 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Nuveen Mortgage Opportunity Term Fund 2 (JMT) traded up $0.01 on Wednesday, hitting $23.48. 17,600 shares of the stock traded hands, compared to its average volume of 9,135. Nuveen Mortgage Opportunity Term Fund 2 has a 1 year low of $22.74 and a 1 year high of $25.40.
The business also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.1125 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.35 annualized dividend and a dividend yield of 5.75%.
Nuveen Mortgage Opportunity Term Fund 2 Company Profile
Nuveen Mortgage Opportunity Term Fund 2 (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.
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