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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.19% -1.84% 418.39M 251099.2
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
6.63% 41.00% -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 Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index S&P/LSTA Leveraged Loan TR
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 2.61 yrs
Kevin Lorenz 1.38 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 89
-15.71M
-1.088B Category Low
6.757B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2012

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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--
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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 January 27, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
-6.68%
34.12%
0.48%
-15.07%
19.54%
-6.67%
25.35%
-0.10%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-1.54%
-2.20%
-0.30%
22.42%
2.96%
-11.70%
19.64%
-8.03%
24.66%
0.30%
-3.92%
27.22%
2.44%
-7.14%
14.70%
-5.09%
18.91%
-0.33%
-5.80%
26.48%
2.83%
-9.46%
16.94%
-5.76%
21.87%
0.34%
-4.18%
21.91%
-0.28%
-4.35%
21.76%
-2.80%
13.31%
-1.39%
As of January 27, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-28-22) 6.63%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 6.79%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of December 31, 2021

Asset Allocation

As of December 31, 2021.
Type % Net % Long % Short
Cash 1.45% Upgrade Upgrade
Stock 2.61% Upgrade Upgrade
Bond 95.70% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.02% Upgrade Upgrade
Other 0.22% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Restaurant Brands International Inc
2.44% -- --
BlackRock Liquidity T-Fund Instl 1.30% 1.00 0.00%
Clear Channel Outdoor Holdings Inc/old
1.21% -- --
Caesars Holdings Inc
1.15% -- --
Seattle SpinCo Inc
1.13% -- --
Delta 2 Lux Sarl
1.09% -- --
Mozart Borrower LP
1.05% -- --
Phoenix Newco Inc
1.01% -- --
Argos Holdings Inc
1.00% -- --
Intelsat SA
0.97% -- --

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 Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index S&P/LSTA Leveraged Loan TR
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 2.61 yrs
Kevin Lorenz 1.38 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-28-22) 6.63%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 6.79%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of December 31, 2021

Fund Details

Key Dates
Inception Date 7/27/2004
Last Annual Report Date 7/31/2021
Last Prospectus Date 3/6/2013
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

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