Form 4: Nuveen Mortgage & Income Fund Portfolio Manager Aashh Parekh Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Portfolio Manager Aashh Parekh reports the acquisition of 50 shares of Nuveen Mortgage & Income Fund common stock at $17.7 on April 4, 2025.

Summary

  • On April 4, 2025, Aashh Parekh, a Portfolio Manager at Nuveen Mortgage & Income Fund, acquired 50 shares of common stock at a price of $17.7 per share.
  • Following this transaction, Parekh's total holdings in the fund amount to 4,551 shares.
  • The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reflects a routine transaction by a company insider.

Positives

  • The purchase of shares by a portfolio manager could be interpreted as a positive signal, indicating confidence in the fund's prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as officers, directors, and significant shareholders. These filings help investors understand the buying and selling activity of those with privileged information about the company.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their insiders.
  • The information disclosed in this filing is consistent with the level of detail typically provided in similar filings by other companies and their executives.

Key Dates

DateDescription
March 26, 2020Date of Power of Attorney execution.
November 16, 2021Expiration date of Notary Public Virginia L. Corcoran's commission.
April 4, 2025Date of common stock transaction.

Keywords

Form 4, Nuveen Mortgage & Income Fund, Aashh Parekh, Portfolio Manager, Common Stock, Acquisition, JLS

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.