Nuveen Mortgage Opportunity Term Fund, Inc. (NYSE-listed: JLS) celebrates IPO on the NYSE. The fund began trading on the NYSE under "JLS" on November 25, 2009. In honor of the occasion, Nuveen Investments Vice President, Kimberly Flynn, and Wellington Management Partner, Hollis French III, ring The Opening Bell®.
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About Nuveen Mortgage Opportunity Term Fund, Inc.
The new closed-end fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed securities (MBS). The fund seeks to achieve its investment objective by investing in mortgage-backed securities directly and indirectly through a separate investment in a public-private investment partnership formed pursuant to the Public-Private Investment Program (PPIP) established by the U.S. Department of the Treasury.
About Nuveen Investments
Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Santa Barbara , Symphony, Tradewinds and Winslow Capital. In total, the Company managed $141 billion of assets on September 30, 2009. For more information, please visit the Nuveen Investments website at www.nuveen.com.
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