Nuveen Floating Rate Income Fund is a diversified, closed-end management investment company. The Fund's investment objective is to achieve a high level of current income. It invests approximately 80% of managed assets in adjustable rate loans, primarily secured senior loans. The Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans. The Fund invests over 65% of its managed assets in adjustable rate senior loans that are secured by specific collateral. The Fund may invest a substantial portion of its managed assets in senior loans and other debt instruments that are, at the time of investment, rated below investment grade or are unrated but judged to be of comparable quality by Symphony Asset Management LLC (Symphony). Its investment portfolio includes Media; Software; Health Care Providers and Services, and Food and Staples Retailing. Nuveen Fund Advisors, LLC is the investment advisor of the Fund. Symphony is the sub-advisor of the Fund.
Industry, Sector and Symbol:
Average Prices:- 50 Day Moving Avg: $11.89
- 200 Day Moving Avg: $11.81
- 52 Week Range: $10.51 - $12.34
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Misc:- Average Volume: 216,732 shs.
Frequently Asked Questions for Nuveen Floating Rate Income Fund (NYSE:JFR)
What is Nuveen Floating Rate Income Fund's stock symbol?
Nuveen Floating Rate Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "JFR."
How often does Nuveen Floating Rate Income Fund pay dividends? What is the dividend yield for Nuveen Floating Rate Income Fund?
Nuveen Floating Rate Income Fund declared a monthly dividend on Wednesday, July 5th. Stockholders of record on Friday, July 14th will be paid a dividend of $0.0675 per share on Tuesday, August 1st. This represents a $0.81 annualized dividend and a dividend yield of 6.84%. The ex-dividend date is Wednesday, July 12th. View Nuveen Floating Rate Income Fund's Dividend History.
Who are some of Nuveen Floating Rate Income Fund's key competitors?
Some companies that are related to Nuveen Floating Rate Income Fund include Prospect Capital Corporation (PSEC), FS Investment Corporation (FSIC), 3i Infrastructure PLC (3IN), Apollo Investment Corporation (AINV), Golub Capital BDC (GBDC), Hercules Capital (HTGC), New Mountain Finance Corporation (NMFC), Triangle Capital Corporation (TCAP), Ithaca Energy (IAE), BlackRock Capital Investment Corporation (BKCC), PennantPark Investment Corporation (PNNT), Foresight Solar Fund Ltd (FSFL), PennantPark Floating Rate Capital (PFLT), Fidus Investment Corporation (FDUS), Eagle Point Credit Company (ECC), Medley Capital Corporation (MCC), TICC Capital Corp. (TICC) and Gladstone Investment Corporation (GAIN).
Who are Nuveen Floating Rate Income Fund's key executives?
Nuveen Floating Rate Income Fund's management team includes the folowing people:
- William J. Schneider, Independent Chairman of the Board
- Gifford R. Zimmerman, Chief Administrative Officer
- Walter M. Kelly, Vice President, Chief Compliance Officer
- Stephen D. Foy, Vice President, Controller
- Scott S. Grace, Vice President, Treasurer
- Kevin J. McCarthy, Vice President, Secretary
- Kathleen L. Prudhomme, Vice President, Assistant Secretary
- Joel T. Slager, Vice President, Assistant Secretary
- Cedric H. Antosiewicz, Vice President
- Margo L. Cook, Vice President
How do I buy Nuveen Floating Rate Income Fund stock?
Shares of Nuveen Floating Rate Income Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nuveen Floating Rate Income Fund's stock price today?
One share of Nuveen Floating Rate Income Fund stock can currently be purchased for approximately $11.85.
MarketBeat Community Rating for Nuveen Floating Rate Income Fund (NYSE JFR)MarketBeat's community ratings are surveys of what our community members think about Nuveen Floating Rate Income Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Nuveen Floating Rate Income Fund (NYSE:JFR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Nuveen Floating Rate Income Fund (NYSE:JFR)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Nuveen Floating Rate Income Fund (NYSE:JFR)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Nuveen Floating Rate Income Fund (NYSE:JFR)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Nuveen Floating Rate Income Fund (NYSE:JFR)| Next Dividend: | 8/1/2017 |
| Annual Dividend: | $0.81 |
| Dividend Yield: | 6.84% |
| Dividend Growth: | -4.40% (3 Year Average) |
| Payout Ratio: | |
Dividend History by Quarter for Nuveen Floating Rate Income Fund (NYSE JFR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/5/2017 | monthly | $0.07 | 6.82% | 7/12/2017 | 7/14/2017 | 8/1/2017 |
| 6/2/2017 | monthly | $0.07 | 6.78% | 6/13/2017 | 6/15/2017 | 7/3/2017 |
| 5/2/2017 | monthly | $0.07 | 6.92% | 5/11/2017 | 5/15/2017 | 6/1/2017 |
| 4/4/2017 | monthly | $0.07 | 7.06% | 4/11/2017 | 4/13/2017 | 5/1/2017 |
| 3/2/2017 | monthly | $0.07 | 6.71% | 3/13/2017 | 3/15/2017 | 4/3/2017 |
| 2/2/2017 | monthly | $0.07 | 6.63% | 2/13/2017 | 2/15/2017 | 3/1/2017 |
| 1/4/2017 | monthly | $0.07 | 6.95% | 1/11/2017 | 1/13/2017 | 2/1/2017 |
(Data available from 1/1/2013 forward)
Headline Trends for Nuveen Floating Rate Income Fund (NYSE:JFR)
Latest Headlines for Nuveen Floating Rate Income Fund (NYSE:JFR)
| Source: |
|
Nuveen Floating Rate Income Fund (JFR) Chart for Wednesday, July, 26, 2017
