Business Context and Reporting Period
This Form 8-K is filed by Nuveen Mortgage & Income Fund (Ticker: JLS) for the reporting period of August 1, 2026. The filing addresses a corporate governance event resulting from the merger of Teachers Advisors, LLC ("TAL") into Nuveen Asset Management, LLC ("NAM").
Key Financial Metrics
The filing text does not provide specific financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on a change in advisory structure.
Material Changes Versus Prior Period
- Sub-Adviser Change: Effective August 1, 2026, NAM replaced TAL as the Fund's investment sub-adviser following the merger completed on July 31, 2026.
- Agreement Terms: The new sub-advisory agreement between Nuveen Fund Advisors, LLC ("NFAL") and NAM is substantially similar in all material respects to the prior agreement with TAL.
- Fee Structure: There is no change in the fee paid by the Fund to NFAL or the fee paid by NFAL to NAM.
Outlook, Management Commentary, and Risks
Management confirmed that the merger results in no changes to the following:
- Portfolio management team.
- Investment objective or policies.
- Principal investment strategies.
- Principal risks.
- Fees and expenses.
NAM will provide the same level of services previously provided by TAL. Both entities were affiliates of NFAL and subsidiaries of Nuveen, LLC prior to the merger.
Key Facts for Investor Verification
- Verify that the sub-advisory agreement effective date is August 1, 2026.
- Confirm that the portfolio management team remains unchanged despite the sub-adviser transition.
- Ensure that the total advisory fee expense to the Fund has not increased as a result of the merger.
- Check that the investment strategy and risk profile remain consistent with prior disclosures.