JMT News and Press, Nuveen Mortgage Opportunity Term Fund 2 of Beneficial Interest

HYI is an unleveraged high yield portfolio; this can make it relatively less volatile than other high yield CEF options. The latest report has been released; in there, we can see that lowered interest rates cut into the fund's distribution coverage. Distribution coverage will rema...

FTHY is a term dated fund, with an anticipated liquidation date of August 1, 2027. The discount has been widening significantly lately, as the NAV rises and price diverge. This divergence has created an opportunity for this high yield term fund. For further details see: ...

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. JMT...

30-year fixed-rate mortgage rate averages 3.73% for the week ending Dec. 19, 2019, unchanged from the previous week, according to the Freddie Mac Primary Mortgage Market Survey. More news on: iShares U.S. Home Construction ETF, SPDR Homebuilders ETF, ETF Series Solutions - Hoya Capital ...

Author's note : This article was co-produced with Beer Money Arb and was originally released to CEF/ETF Income Laboratory members on October 17, 2019. Recently two Nuveen term funds underwent a tender offer with interesting terms and conditions attached that I discussed in a previous...

For retirees or near retirees (people aged over 55 but not retired yet), one of the major challenges is finding a sustainable income stream. Only 15 years ago, you could earn 5%-6% safe and guaranteed income from instruments like bank CDs with literally no risk. But that era is over and probab...

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. The Board of...

Morgan Stanley mortgage-backed securities analysts change their recommendatio n on the sector to overweight from neutral, citing attractive starting valuations and a supportive rate outlook, writes Christopher Maloney for Bloomberg. More news on: Western Asset Mortgage Defined Opportunity...

30-year fixed-rate mortgage averages 3.78% for the week ending Oct. 31, 2019, up from 3.75% in the previous week and 4.83% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey. More news on: iShares U.S. Home Construction ETF, SPDR Homebuilders ETF, ETF S...

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 repur...