Nuveen Floating Rate Income Fund
Change company Symbol lookup
Select an option...
JFR Nuveen Floating Rate Income Fund
EBET Ebet Inc
PDI PIMCO Dynamic Income Fund
BXRX Baudax Bio Inc
BAC Bank of America Corp
SPRU Spruce Power Holding Corp
SRNEQ Sorrento Therapeutics Inc
SPI SPI Energy Co Ltd
AMC AMC Entertainment Holdings Inc
BOF BranchOut Food Inc
Go

Company profile

Nuveen Floating Rate Income Fund (the Fund) is a closed-end management investment company. The Fund seeks to achieve a high level of current income by investing in secured senior loans and unsecured senior loans. The Company invests in adjustable-rate loans, which provide a potential hedge against rising short-term rates. Under normal market circumstances, the Fund will invest at least 80% of its managed assets in adjustable-rate loans. In addition, the Fund invests at least 65% of its managed assets in senior loans that are secured by specific collateral. Its other loans include unsecured senior loans and secured and unsecured subordinated loans. The sectors covered by the portfolio include hotels, restaurants and leisure; software; media; health care providers and services, and oil, gas and consumable fuels. It also invests in the United States, Canada, the United Kingdom, Luxembourg, and the Netherlands. Nuveen Fund Advisors, LLC, is the Fund’s investment adviser.

Closing Price
$8.21
Day's Change
0.02 (0.24%)
Bid
--
Ask
--
B/A Size
--
Day's High
8.25
Day's Low
8.17
Volume
(Heavy Day)
Volume:
1,890,453

10-day average volume:
627,210
1,890,453

Company Profile

Nuveen Floating Rate Income Fund (the Fund) is a closed-end management investment company. The Fund seeks to achieve a high level of current income by investing in secured senior loans and unsecured senior loans. The Company invests in adjustable-rate loans, which provide a potential hedge against rising short-term rates. Under normal market circumstances, the Fund will invest at least 80% of its managed assets in adjustable-rate loans. In addition, the Fund invests at least 65% of its managed assets in senior loans that are secured by specific collateral. Its other loans include unsecured senior loans and secured and unsecured subordinated loans. The sectors covered by the portfolio include hotels, restaurants and leisure; software; media; health care providers and services, and oil, gas and consumable fuels. It also invests in the United States, Canada, the United Kingdom, Luxembourg, and the Netherlands. Nuveen Fund Advisors, LLC, is the Fund’s investment adviser.

Valuation Ratios

No valuation ratios available.

Price Performance

Historic Growth and Share Detail

Historic Growth

No historic growth available.

Short Interest

September 2023
Current Month
168.8K
Previous Month
104.9K
Percent of Float
0.30%
Days to Cover
0.3415 Days

Share Information

JFR is in a share class of closed-end fund
Float
56.9M
Shares Outstanding
56.9M
Institutions Holding Shares
107
26.47%

Financial Statements

Balance sheet

No balance sheet information available.

Income statement

Values displayed are in thousands.

Cash flow

No cash flow information available.

Company Officers

  • Terence J. Toth
  • David J. LambChief Admin.
  • Brett E. BlackCCO
  • E. Scott WickerhamVP
  • Nathaniel T. JonesVP

Address

Insider Trading

During the most recent quarter, 2K shares were bought in insider trading.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Insider trading information report provided by Copyright © 2023. All rights reserved.

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Reuters, Reuters Logo and the Sphere Logo are trademarks and registered trademarks of the Reuters Group of companies around the world.

Data is provided for information purposes only and is not intended for trading purposes. Reuters shall not be liable for any errors or delay in the content, or for any action taken in reliance on any content. The RIC or Reuters Instrument Code set has been developed and maintained by Reuters and is the intellectual property of Reuters.