Portfolio manager Stephen Virgilio made a small personal purchase of Nuveen Mortgage & Income Fund (EXCHANGE:JLS) common shares on March 23, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The filing shows Virgilio acquired 250 shares at a unit price of $18.05, producing a total transaction value of $4,512. Following this purchase, Virgilio's direct ownership in the fund stands at 1,487 shares.
Investors watching insider activity often treat purchases by executives and managers as one data point among many; this transaction is modest in size relative to typical institutional positions but is nonetheless a recent example of an insider adding to a personal stake.
Distribution profile and historical payments
According to InvestingPro, Nuveen Mortgage & Income Fund offers a dividend yield of 10.25% and has maintained dividend distributions for 17 consecutive years. Those two metrics are highlighted in the InvestingPro notes on the fund and form part of the yield and income narrative investors often track for closed-end and mortgage-focused funds.
Context and what the filing discloses
- The SEC Form 4 documents a personal transaction by a named portfolio manager and specifies share count, price and date.
- The purchase increased Virgilio's directly held shares to 1,487 following the acquisition.
- The fund's reported yield and streak of dividend payments are included in the InvestingPro summary cited alongside the filing information.
Observations
This filing records a contemporaneous purchase rather than a sale, and it quantifies both the per-share price and total consideration. While the purchase amount is limited in dollar terms, filings of this type are commonly monitored for signals about how insiders are allocating personal capital within their firms' offerings.
Where the available information is constrained, the filing itself and the InvestingPro figures provide the clear, factual elements: number of shares bought, price per share, total transaction value, resulting direct ownership and reported yield and dividend history. No additional claims or interpretations are asserted beyond those stated in the filing and the InvestingPro note.