Business Description
Nuveen Mortgage and Income Fund is a US-based closed-end fund that focuses on mortgage-backed securities, particularly those below investment grade that are not backed by government agencies. The fund is jointly managed by Nuveen Fund Advisors, Nuveen Asset Management, and Wellington Management, who use detailed credit analysis to identify undervalued opportunities in both residential and commercial mortgage markets. Founded in 2009 and formerly known as Nuveen Mortgage Opportunity Term Fund, it measures its results against the Barclays Capital US Aggregate Bond Index.
