Nuveen Mortgage Opportunity Term Closed Fund (JLS)

Nuveen Mortgage Opportunity Term Closed Fund (NYSE: JLS) is a U.S.-listed closed-end investment fund in the Financials sector. The fund, formerly known as Nuveen Mortgage Opportunity Term Fund, was formed on September 10, 2009 and is domiciled in the United States. It is managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and Wellington Management Company LLP. The portfolio is focused on U.S. fixed income markets, with an emphasis on mortgage-backed securities, including non-agency residential MBS and commercial MBS, as well as other below investment grade securities that the managers believe offer attractive total return potential. Its process relies on fundamental analysis of mortgage loan portfolios, security structure features, payment priority, credit enhancement, default experience, and servicer strength. Portfolio performance is measured against the Barclays Capital U.S. Aggregate Bond Index.

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