Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
4.77% -4.38% 804.16M 538762.7
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
11.92% 28.00% -- Upgrade

Basic Info

Investment Strategy
The primary investment objective of the Fund is high current income; and its secondary objective is total return. Under normal circumstances, the fund will invest at least 80% of managed assets in loans or securities that are senior to its common equity in the issuing company’s capital structure.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Growth
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 TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Income
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
Credit Suisse Leveraged Loan USD 75.00%
ICE BofA US High Yield TR USD 25.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Scott Caraher 4.95 yrs
Kevin Lorenz 3.71 yrs
Himani Trivedi 0.73 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 09, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
-0.28%
-4.35%
21.77%
-2.80%
13.31%
-14.18%
15.21%
14.11%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-1.74%
2.96%
-11.70%
19.65%
-8.03%
24.66%
-15.12%
16.55%
11.96%
13.16%
12.87%
-0.91%
-14.83%
59.92%
-24.08%
15.05%
12.52%
10.84%
-5.24%
17.08%
-4.61%
15.40%
-16.08%
19.47%
8.20%
28.36%
-13.69%
18.85%
-20.78%
56.67%
-11.49%
12.13%
15.87%
As of May 09, 2024.

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash 4.89% Upgrade Upgrade
Stock 0.69% Upgrade Upgrade
Bond 94.42% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The primary investment objective of the Fund is high current income; and its secondary objective is total return. Under normal circumstances, the fund will invest at least 80% of managed assets in loans or securities that are senior to its common equity in the issuing company’s capital structure.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Growth
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 TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Income
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
Credit Suisse Leveraged Loan USD 75.00%
ICE BofA US High Yield TR USD 25.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Scott Caraher 4.95 yrs
Kevin Lorenz 3.71 yrs
Himani Trivedi 0.73 yrs

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