Nuveen Mortgage and Income Fund (JLS) vs RiverNorth Opportunistic Municipal Income Fund (RMI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Nuveen Mortgage and Income Fund is the larger company by market cap ($89.0 million vs $87.3 million), about 1.0 times the size. On valuation, RiverNorth Opportunistic Municipal Income Fund trades at a lower trailing P/E (7.6x vs 14.8x for Nuveen Mortgage and Income Fund).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | JLS | RMI |
|---|---|---|
| Share price | $16.25 | $13.69 |
| Market cap | $89.00M | $87.27M |
| 1-day change | 0.00% | +0.15% |
| YTD return | — | -4.33% |
| 1-year return | — | -5.98% |
| 5-year return | — | -39.48% |
| P/E ratio (TTM) | 14.77 | 7.61 |
| EPS (TTM) | $1.10 | $1.80 |
| Dividend yield | 11.34% | 7.79% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $18.98 | $16.36 |
| 52-week low | $16.01 | $13.11 |
| Distance from 52-week high | -14.38% | -16.32% |
| Average volume | 26.38K | 19.99K |
| Shares outstanding | 5.48M | 6.37M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Nuveen Mortgage and Income Fund trades at a higher earnings multiple (14.8x vs 7.6x trailing P/E).
- Nuveen Mortgage and Income Fund offers a meaningfully higher dividend yield (11.34% vs 7.79%).
About Nuveen Mortgage and Income Fund
JLS stock →Nuveen Mortgage and Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and Wellington Management Company LLP.
Financial Services · Asset Management
JLS vs RMI FAQ
Which is bigger, Nuveen Mortgage and Income Fund or RiverNorth Opportunistic Municipal Income Fund?
Nuveen Mortgage and Income Fund (JLS) is larger, with a market capitalization of $89.00M compared with $87.27M for RiverNorth Opportunistic Municipal Income Fund (RMI).
Which has the lower P/E ratio, JLS or RMI?
RMI has the lower trailing P/E at 7.6, versus 14.8 for JLS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Nuveen Mortgage and Income Fund or RiverNorth Opportunistic Municipal Income Fund?
Nuveen Mortgage and Income Fund has the higher yield at 11.34%, compared with 7.79% for RiverNorth Opportunistic Municipal Income Fund.
Are Nuveen Mortgage and Income Fund and RiverNorth Opportunistic Municipal Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.