Nuveen Floating Rate Income Opp Fd (DELISTED) (JRO:DL)
7.88
0.00 (0.00%)
USD |
NYSE |
Aug 01, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
2.19% | -12.54% | 365.28M | -- |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
-- | 37.00% | -15.71M | Upgrade |
Basic Info
Investment Strategy | |
The Fund's investment objective is to achieve a high level of current income. The Fund invests at least 80% of its managed assets in adjustable rate loans, primarily senior loans, though the loans may include unsecured senior loans and secured and unsecured subordinated loans. At least 65% of the Fund's managed assets must include adjustable rate senior loans that are secured by specific collateral. The Fund uses leverage. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL Index TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - General |
Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
Prospectus Benchmark Index | |
Credit Suisse Leveraged Loan USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Scott Caraher | 4.11 yrs |
Kevin Lorenz | 2.87 yrs |
Performance Versus Category
Annual Total Returns Versus Peers
As of August 01, 2023.
*Indicates data for the year is incomplete.
Basic Info
Investment Strategy | |
The Fund's investment objective is to achieve a high level of current income. The Fund invests at least 80% of its managed assets in adjustable rate loans, primarily senior loans, though the loans may include unsecured senior loans and secured and unsecured subordinated loans. At least 65% of the Fund's managed assets must include adjustable rate senior loans that are secured by specific collateral. The Fund uses leverage. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL Index TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - General |
Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
Prospectus Benchmark Index | |
Credit Suisse Leveraged Loan USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Scott Caraher | 4.11 yrs |
Kevin Lorenz | 2.87 yrs |