Nuveen Mortgage Opportunity Etf Profile
| JLS Etf | USD 17.38 0.08 0.46% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Nuveen Mortgage is selling for under 17.38 as of the 19th of April 2024; that is 0.46 percent up since the beginning of the trading day. The etf's lowest day price was 17.34. Nuveen Mortgage has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Nuveen Mortgage Opportunity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Nuveen Mortgage and Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Mortgage is traded on New York Stock Exchange in the United States. The company has 5.49 M outstanding shares of which 2.19 K shares are currently shorted by investors with about 0.21 days to cover. More on Nuveen Mortgage Opportunity
Moving together with Nuveen Etf
| 0.92 | EVUS | iShares ESG Aware | PairCorr |
| 0.88 | CIRC | JPMorgan | PairCorr |
| 0.92 | RFDI | First Trust RiverFront | PairCorr |
Moving against Nuveen Etf
| 0.91 | BITI | ProShares Trust | PairCorr |
| 0.73 | TSL | GraniteShares 125x Long | PairCorr |
Nuveen Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nuveen Mortgage's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Mortgage or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Terence Toth |
| Business Concentration | Multisector Bond, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
| Nav | 19.31 |
| Prev Close Price | 17.34 |
| Country Name | USA |
| Code | JLS |
| I S I N | US6707351093 |
| Name | Nuveen Mortgage and Income Fund |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG000PVBGM1 |
| Type | FUND |
| Expense Ratio | 1.62 |
Nuveen Mortgage Opportunity [JLS] is traded in USA and was established 2009-11-25. The fund is not classified under any group at the present time. Nuveen Mortgage Oppo currently have in assets under management (AUM). The fund is currently generating return of 5.91% with the current yeild of 0.01%, while the total return for the last 3 years was 1.58%.
Check Nuveen Mortgage Probability Of Bankruptcy
Nuveen Mortgage Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Nuveen Mortgage jumping above the current price in 90 days from now is about 23.58%. The Nuveen Mortgage Opportunity probability density function shows the probability of Nuveen Mortgage etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Nuveen Mortgage has a beta of 0.2604. This indicates as returns on the market go up, Nuveen Mortgage average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Mortgage Opportunity will be expected to be much smaller as well. Additionally, nuveen Mortgage Opportunity has an alpha of 0.0637, implying that it can generate a 0.0637 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Nuveen Mortgage to move above the current price in 90 days from now is about 23.58 (This Nuveen Mortgage Opportunity probability density function shows the probability of Nuveen Etf to fall within a particular range of prices over 90 days) .
Nuveen Mortgage Top Holders
| ALTY | Global X Alternative | Etf | Aggressive Allocation |
| MDFIX | Matisse Discounted Bond | Mutual Fund | Multisector Bond |
| RNOTX | Rivernorthoaktree High Income | Mutual Fund | High Yield Bond |
| RNCIX | Rivernorth E Opportunity | Mutual Fund | Allocation--50% to 70% Equity |
| RNHIX | Rivernorthoaktree High Income | Mutual Fund | High Yield Bond |
| RNCOX | Rivernorth E Opportunity | Mutual Fund | Allocation--50% to 70% Equity |
| IOBAX | Icon Bond Fund | Mutual Fund | Multisector Bond |
Nuveen Mortgage Oppo Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Mortgage market risk premium is the additional return an investor will receive from holding Nuveen Mortgage long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen Mortgage. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen Mortgage's alpha and beta are two of the key measurements used to evaluate Nuveen Mortgage's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0892 | |||
| Jensen Alpha | 0.0637 | |||
| Total Risk Alpha | 0.0205 | |||
| Sortino Ratio | 0.0309 |
Nuveen Mortgage Against Markets
Picking the right benchmark for Nuveen Mortgage etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen Mortgage etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen Mortgage is critical whether you are bullish or bearish towards Nuveen Mortgage Opportunity at a given time. Please also check how Nuveen Mortgage's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nuveen Mortgage without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Nuveen Etf?
Before investing in Nuveen Mortgage, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nuveen Mortgage. To buy Nuveen Mortgage etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Mortgage. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nuveen Mortgage etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen Mortgage Opportunity etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nuveen Mortgage Opportunity etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Nuveen Mortgage Opportunity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nuveen Mortgage Opportunity?
The danger of trading Nuveen Mortgage Opportunity is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen Mortgage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen Mortgage. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Mortgage Oppo is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Mortgage Opportunity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Nuveen Mortgage Oppo is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Mortgage's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Mortgage's market value can be influenced by many factors that don't directly affect Nuveen Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.