Closed-End Funds

CEF

Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT)

Fund Manager

Founded in 1928, Wellington serves as an investment advisor to approximately 2,100 clients located in over 50 countries. Wellington Management is recognized for its expertise in international and global equity, fixed income and multi-asset portfolios for institutional clients and mutual fund sponsors across the world. Wellington Management Company LLP, is a SEC-registered investment adviser and an independent and unaffiliated sub-adviser to Nuveen Investments.

Manager Bios

Michael F. Garrett

Michael F. Garrett
Michael F. Garrett, Senior Managing Director and Fixed Income Portfolio Manager of Wellington Management, is portfolio manager of the fund. Mr. Garrett joined Wellington Management in 1999 as an investment professional. Mr. Garrett is responsible for managing mortgage and government bond portfolios for Wellington Management’s mutual fund and institutional clients. He leads the firm’s Mortgage-Backed investment team. Prior to joining Wellington Management in 1999, Mr. Garrett was a fixed income securities trader with Credit Suisse First Boston (1996–1999), a mortgage portfolio manager with MetLife Investment Management Co. (1995–1996), and the senior securities trader for First Federal Savings & Loan Association (1991–1995). Mr. Garrett received his BA in economics from Yale University (1991).

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An investment in this fund presents a number of risks and is not suitable for all investors. Investors should carefully review and consider potential risks before investing. For more detailed information on the specific risks associated with this fund, please view the Overview tab.

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