Nuveen Floating Rate Income Fund (JFR)
8.66
+0.03
(+0.35%)
USD |
NYSE |
Apr 23, 16:00
8.66
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 4.77% | -6.80% | 1.241B | 531007.5 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 11.41% | 28.00% | -34.26M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to achieve a high level of current income. The fund invests at least 80% of its assets in secured Senior Loans and unsecured Senior Loans, which unsecured Senior loans will be, at the time of investment, investment grade quality. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| 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 | 9.44 yrs |
| Kevin Lorenz | 3.62 yrs |
Performance Versus Category
As of April 22, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 22, 2024.
Basic Info
| Investment Strategy | |
| The Fund seeks to achieve a high level of current income. The fund invests at least 80% of its assets in secured Senior Loans and unsecured Senior Loans, which unsecured Senior loans will be, at the time of investment, investment grade quality. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| 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 | 9.44 yrs |
| Kevin Lorenz | 3.62 yrs |