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JLS / JLS: This 9%-Yielding CEF Has Hit Its Stride With 2 Recent Distribution Hikes

JLS: This 9%-Yielding CEF Has Hit Its Stride With 2 Recent Distribution Hikes
We take a look at JLS - a CEF that allocates primarily to mortgage and securitized assets. JLS has a significant allocation to higher-quality floating-rate assets, which aligns well with today's environment of inverted yield curve and tight credit spreads. JLS has outperformed the multi-sector CEF space since 2022 and has made three consecutive distribution hikes. Read More
Posted: Aug 8 2023, 12:58
Author Name: Seeking Alpha
Views: 102320

JLS News  

JLS: This 9.1%-Yield Higher-Quality CEF Clocks In Another Net Income Rise

By Seeking Alpha
September 22, 2023

JLS: This 9.1%-Yield Higher-Quality CEF Clocks In Another Net Income Rise

Nuveen Mortgage and Income Fund trades at a 14% discount and offers a 9.1% current yield. JLS has seen a 13% increase in net income, leading to steady more_horizontal

JLS: This 9%-Yielding CEF Has Hit Its Stride With 2 Recent Distribution Hikes

By Seeking Alpha
August 8, 2023

JLS: This 9%-Yielding CEF Has Hit Its Stride With 2 Recent Distribution Hikes

We take a look at JLS - a CEF that allocates primarily to mortgage and securitized assets. JLS has a significant allocation to higher-quality floating more_horizontal

JLS: This 8.2%-Yielding CEF Is Well Aligned For The Current Environment

By Seeking Alpha
February 8, 2023

JLS: This 8.2%-Yielding CEF Is Well Aligned For The Current Environment

We take a look at JLS - a CEF that allocates primarily to mortgage and securitized assets. JLS has a significant allocation to higher-quality floating more_horizontal


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