Nuveen Mortgage Opportunity Term Fund (JLS) : Tortoise Investment Management scooped up 3,900 additional shares in Nuveen Mortgage Opportunity Term Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 33,230 shares of Nuveen Mortgage Opportunity Term Fund which is valued at $786,621.Nuveen Mortgage Opportunity Term Fund makes up approximately 0.27% of Tortoise Investment Management’s portfolio.
Other Hedge Funds, Including , Rmb Capital Management sold out all of its stake in JLS during the most recent quarter. The investment firm sold 91,315 shares of JLS which is valued $2,161,609.Roberts Glore Co Inc Il reduced its stake in JLS by selling 1,600 shares or 6.05% in the most recent quarter. The Hedge Fund company now holds 24,825 shares of JLS which is valued at $587,856. Nuveen Mortgage Opportunity Term Fund makes up approx 0.43% of Roberts Glore Co Inc Il’s portfolio.Sit Investment Associates Inc boosted its stake in JLS in the latest quarter, The investment management firm added 53,740 additional shares and now holds a total of 230,561 shares of Nuveen Mortgage Opportunity Term Fund which is valued at $5,459,684. Nuveen Mortgage Opportunity Term Fund makes up approx 0.14% of Sit Investment Associates Inc’s portfolio.Independent Portfolio Consultants reduced its stake in JLS by selling 24,240 shares or 66.32% in the most recent quarter. The Hedge Fund company now holds 12,310 shares of JLS which is valued at $285,346. Nuveen Mortgage Opportunity Term Fund makes up approx 0.09% of Independent Portfolio Consultants’s portfolio.
Nuveen Mortgage Opportunity Term Fund (the Fund) is a non-diversified closed-end registered investment company. The Funds’ investment adviser is Nuveen Fund Advisors LLC. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage backed security (MBS). The Fund seeks to achieve its investment objective by investing primarily in non-agency residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS). The Fund also invests up to 20% of its managed assets in other permitted investments including cash and cash equivalents the United States treasury securities non-mortgage related asset-backed securities inverse floating rate securities municipal securities interest rate futures interest rate swaps and swaptions non-MBS credit default swaps and other synthetic mortgage-related exposure including equity investments in mortgage real estate investment trusts.