About Nuveen Floating Rate Income Opportnty Fd (JRO)
Nuveen Floating Rate Income Opportunity Fund is a diversified closed-end management investment company. The Fund's investment objective is to achieve a high level of current income. The Fund invests approximately 80% of its managed assets in adjustable rate loans, primarily secured senior loans. As part of the 80% requirement, the Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans. The Fund invests approximately 65% of its managed assets in adjustable rate senior loans that are secured by specific collateral. The Fund's portfolio consists of various sectors, including media; software; pharmaceuticals; diversified telecommunication services; diversified consumer services; food products; wireless telecommunication services; real estate investment trust; technology hardware, storage and peripherals; healthcare equipment and supplies; airlines, and insurance. The Fund's investment advisor is Nuveen Fund Advisors, LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: JRO
- CUSIP: N/A
- Previous Close: $11.87
- 50 Day Moving Average: $12.22
- 200 Day Moving Average: $11.75
- 52-Week Range: $9.74 - $12.93
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Market Cap: $N/A
- Outstanding Shares: 38,478,000
Companies Related to Nuveen Floating Rate Income Opportnty Fd:
Consensus Ratings for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|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 Opportnty Fd (NYSE:JRO)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
|Dividend Growth:||-4.30% (3 Year Average)|
Dividend History by Quarter for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)Insider Trades by Quarter for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/9/2017||Albin F Moschner||Insider||Buy||3,000||$12.02||$36,060.00|| |
|2/14/2017||Scott C Caraher||Insider||Sell||8,000||$12.58||$100,640.00|| |
|12/7/2016||William J Schneider||Insider||Buy||30,000||$11.78||$353,400.00|| |
|10/4/2016||Gifford R. Zimmerman||Insider||Sell||1,000||$11.08||$11,080.00|| |
|3/3/2016||Scott C Caraher||Portfolio Manager||Buy||2,000||$9.23||$18,460.00|| |
|3/1/2016||Scott C Caraher||Portfolio Manager||Buy||3,000||$9.05||$27,150.00|| |
|2/29/2016||Scott C Caraher||Portfolio Manager||Buy||4,000||$8.96||$35,840.00|| |
|2/2/2016||William J Schneider||Insider||Buy||5,300||$9.43||$49,979.00|| |
|12/29/2015||Scott C Caraher||Portfolio Manager||Buy||11,700||$9.69||$113,373.00|| |
|12/17/2015||Jack Evans||Insider||Sell||3,000||$9.52||$28,560.00|| |
|12/15/2015||William J Schneider||Insider||Sell||42,274||$9.17||$387,652.58|| |
|8/27/2015||Scott C. Caraher||Portfolio Manager||Buy||2,000||$10.31||$20,620.00|| |
|4/8/2015||William J Schneider||Insider||Buy||17,000||$11.76||$199,920.00|| |
|4/7/2014||William J Schneider||Insider||Buy||8,484||$12.15||$103,080.60|| |
|12/30/2013||Jack Evans||Insider||Buy||3,000||$12.06||$36,180.00|| |
|9/26/2013||William J Schneider||Insider||Buy||20,290||$12.28||$249,161.20|| |
Headline Trends for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
Latest Headlines for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
Frequently Asked Questions for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)
What is Nuveen Floating Rate Income Opportnty Fd's stock symbol?
Nuveen Floating Rate Income Opportnty Fd trades on the New York Stock Exchange (NYSE) under the ticker symbol "JRO."
How often does Nuveen Floating Rate Income Opportnty Fd pay dividends? What is the dividend yield for Nuveen Floating Rate Income Opportnty Fd?
Nuveen Floating Rate Income Opportnty Fd announced a monthly dividend on Thursday, March 2nd. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.0705 per share on Monday, April 3rd. This represents a $0.85 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date is Monday, March 13th.
Are investors shorting Nuveen Floating Rate Income Opportnty Fd?
Nuveen Floating Rate Income Opportnty Fd saw a decrease in short interest in the month of February. As of February 28th, there was short interest totalling 442,280 shares, a decrease of 33.3% from the February 15th total of 663,256 shares. Based on an average daily volume of 188,806 shares, the short-interest ratio is currently 2.3 days.
Who owns Nuveen Floating Rate Income Opportnty Fd stock?
Nuveen Floating Rate Income Opportnty Fd's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include
FIRST TRUST PORTFOLIOS LP
(6.65%). Company insiders that own Nuveen Floating Rate Income Opportnty Fd stock include Albin F Moschner, Gifford R Zimmerman, Jack Evans, Scott C Caraher and William J Schneider.
How do I buy Nuveen Floating Rate Income Opportnty Fd stock?
Shares of Nuveen Floating Rate Income Opportnty Fd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Nuveen Floating Rate Income Opportnty Fd stock cost?
One share of Nuveen Floating Rate Income Opportnty Fd stock can currently be purchased for approximately $11.87.
Nuveen Floating Rate Income Opportnty Fd (JRO) Chart for Wednesday, March, 29, 2017