Nuveen Mortgage and Income Fund (JLS) is a fixed-income closed-end fund that invests primarily in mortgage-related assets like mortgage-backed securities (MBS) and commercial mortgage-backed securities (CMBS). The fund benefits from recent interest rate volatility, which has caused mortgage bonds to sell off amid inflation and geopolitical tensions, creating attractive risk/reward opportunities. JLS trades near its historical net asset value discount midpoints, reflecting market recognition of its strong performance and effective portfolio management. While distribution coverage is at 70% with some return of capital, the fund shows long-term NAV growth and prudent risk management, making it a compelling option for income-focused investors.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
