| New York Stock Exchange: JLS
The investment objective of the Nuveen Mortgage Opportunity Term Fund is to generate attractive total returns through opportunistic investments in mortgage-backed securities (MBS). The fund invests at least 80% of its managed assets in MBS, primarily non-agency residential MBS and commercial MBS, both directly and indirectly through a private feeder fund created within the UST’s Public-Private Investment Program (PPIP). The fund is effectively leveraged through its investment in the PPIP fund, and may be leveraged directly as well. The fund has a limited term of 10 years, when all net assets will be distributed to shareholders of record.