(JLS) Nuveen Mortgage Opportunity - Overview
Fund: Mortgage-Backed Securities, Callable Debt, US Agency MBS, Non-Agency RMBS, CMBS
Dividends
| Dividend Yield | 9.95% |
| Yield on Cost 5y | 13.66% |
| Yield CAGR 5y | 17.61% |
| Payout Consistency | 90.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 10.2% |
| Relative Tail Risk | -7.18% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.53 |
| Alpha | 3.09 |
| Character TTM | |
|---|---|
| Beta | 0.179 |
| Beta Downside | 0.331 |
| Drawdowns 3y | |
|---|---|
| Max DD | 9.28% |
| CAGR/Max DD | 1.47 |
Description: JLS Nuveen Mortgage Opportunity January 20, 2026
Nuveen Mortgage Opportunity Term Closed Fund (NYSE:JLS) is a U.S.-based closed-end fund that invests across multiple fixed-income sectors, with a primary focus on mortgage-related securities. Its ticker symbol is JLS, and it is classified under a multisector bond style, allowing flexibility to allocate capital among agency MBS, non-agency RMBS, and other structured credit assets.
Key market drivers that currently influence JLS’s performance include: (1) the Federal Reserve’s policy rate trajectory, which affects the yield curve and the relative attractiveness of mortgage-backed securities; (2) the net new issuance of agency MBS, which has risen to roughly $200 billion in the past six months, providing fresh supply and potentially compressing spreads; and (3) the weighted-average credit quality of the fund’s holdings, which sits near an A- rating (≈A-2) and has historically correlated with a lower default rate of about 0.3 % annually in the non-agency segment. Recent quarterly data show the fund’s distribution yield at 5.8 % and a total net asset value (NAV) growth of 2.1 % year-to-date, reflecting both income generation and modest price appreciation.
For a deeper, data-driven look at how JLS’s risk-adjusted returns compare to peers and the broader bond market, you might explore the analytics on ValueRay to inform your next investment decision.
What is the price of JLS shares?
Over the past week, the price has changed by +0.27%, over one month by +4.01%, over three months by +2.59% and over the past year by +9.13%.
Is JLS a buy, sell or hold?
What are the forecasts/targets for the JLS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 22.5 | 20.4% |
JLS Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 97.5m USD (97.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 97.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 97.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.57% (E(97.5m)/V(97.5m) * Re(6.57%) + (debt-free company))
Discount Rate = 6.57% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)