Nuveen Mortgage & Income Fund Files 8-K

TL;DR

Nuveen Mortgage & Income Fund filed an 8-K, but details are scarce.

AI Summary

Nuveen Mortgage and Income Fund filed an 8-K on March 1, 2024, to report other events. The filing does not contain specific details about the nature of these events, dollar amounts, or other parties involved.

Why It Matters

This filing indicates a material event has occurred for Nuveen Mortgage and Income Fund, requiring disclosure to investors.

Risk Assessment

Risk Level: low — The filing is a standard disclosure form without specific negative or positive financial information.

Key Players & Entities

• Nuveen Mortgage and Income Fund (company) — Registrant
• March 1, 2024 (date) — Date of Report

FAQ

Filing Documents

• d755899d8k.htm (8-K) — 23KB
• 0001193125-24-054843.txt ( ) — 24KB

From the Filing

MORTGAGE AND INCOME FUND Nuveen Mortgage and Income Fund UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 1, 2024 Nuveen Mortgage and Income Fund (Exact name of registrant as specified in its charter) Massachusetts 811-22329 27-1094170 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 333 West Wacker Drive Chicago, Illinois 60606 (Address of principal executive offices) (Zip Code) Registrants telephone number, including area code: (312) 917-7700 (Former name or former address, if changed since last report): N/A Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares of Beneficial Interest JLS New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item8.01. Other Events. Changes to Investment Policies Effective March 1, 2024, Nuveen Mortgage and Income Fund (NYSE: JLS) (the Fund) will implement changes to its investment policies. These changes are intended to permit the Fund to more optimally position its portfolio to take advantage of evolving opportunities in the securitized credit market. The policy changes are described more fully below. Prior Policy New Policy Under normal market circumstances, the Fund invests at least 65% of its Managed Assets (as defined below) in MBS, including residential MBS (RMBS) and CMBS. As a fundamental policy, the Fund concentrates its investments in MBS and expressly treats MBS as a single industry or group of industries. Managed Assets mean the total assets of the Fund, minus the sum of its accrued liabilities (other than Fund liabilities incurred for the express purpose of creating leverage). Total assets for this purpose shall include assets attributable to the Funds use of leverage (whether or not those assets are reflected in the Funds financial statements for purposes of generally accepted accounting principles), and derivatives will be valued at their market value. Under normal market conditions: The Fund may invest up to 35% of its Managed Assets in non-mortgage related ABS, including but not limited to any asset that generates reliable cash flows including collateralized loan obligations (CLOs) as well as pools of consumer auto loans, credit card receivables, aircraft leases and maintenance agreements, timeshare agreements, and solar photovoltaics. The Fund may investment up to 5% of its Managed Assets in catastrophe bonds. Under normal market circumstances, the Fund invests at least 50% of its Managed Assets (as defined below) in MBS, including residential MBS (RMBS) and CMBS. As a fundamental policy, the Fund concentrates its investments in MBS and expressly treats MBS as a single industry or group of industries. Managed Assets mean the total assets of the Fund, minus the sum of its accrued liabilities (other than Fund liabilities incurred for the express purpose of creating leverage). Total assets for this purpose shall include assets attributable to the Funds use of leverage (whether or not those assets are reflected in the Funds financial statements for purposes of generally accepted accounting principles), and derivatives will be valued at their market value. Under normal market conditions: The Fund may invest up to 50% of its Managed Assets in non-mortgage related ABS, including but not limited to any asset that generates reliable cash flows including collateralized loan obligations (CLOs) as well as pools of consumer auto loans, credit card receivables, aircraft leases and maintenance agreements, timeshare agreements, and solar photovoltaics. The Fund may investment up to 5% of its Managed Assets in catastrop

View Full Filing

View this 8-K filing on SEC EDGAR