Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | +0.18% | -1.93% | -7.45% | -11.90% | -10.50% | -13.77% | +1.07% | -4.98% | -3.71% | -2.51% |
| Market-price total return | +0.18% | -1.01% | -4.92% | -7.19% | -3.33% | -4.55% | +11.54% | +3.79% | +4.63% | +5.78% |
| NAV return | 0.00% | -0.86% | -1.85% | -2.88% | -4.24% | -5.17% | -0.05% | -3.80% | -3.08% | -1.49% |
| NAV total return | 0.00% | -0.03% | +0.59% | +1.98% | +3.00% | +4.44% | +9.63% | +4.29% | +4.77% | +6.39% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.09% | 0.01% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.10% | 0.02% | as above |
| Volatility, 5 years | 0.11% | 0.03% | as above |
| Maximum drawdown, 3 years | -9.65% | -2.09% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.71 | 2.35 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 1.02 | 3.51 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.44 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.22 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Nuveen Mortgage & Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.