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:
- 50 Day Moving Avg: $11.83
- 200 Day Moving Avg: $12.03
- 52 Week Range: $9.94 - $12.93
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Average Volume: 132,550 shs.
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 declared a monthly dividend on Friday, June 2nd. Stockholders of record on Thursday, June 15th will be given a dividend of $0.0705 per share on Monday, July 3rd. This represents a $0.85 annualized dividend and a dividend yield of 7.38%. The ex-dividend date is Tuesday, June 13th. View Nuveen Floating Rate Income Opportnty Fd's Dividend History.
Who are some of Nuveen Floating Rate Income Opportnty Fd's key competitors?
Some companies that are related to Nuveen Floating Rate Income Opportnty Fd include Ares Capital Corporation (ARCC), Prospect Capital Corporation (PSEC), FS Investment Corporation (FSIC), 3i Infrastructure PLC (3IN), Tortoise Energy Infrastructure Corporation (TYG), Apollo Investment Corporation (AINV), TPG Specialty Lending (TSLX), Golub Capital BDC (GBDC), Hercules Capital (HTGC), New Mountain Finance Corporation (NMFC), Liberty All-Star Equity Fund (USA), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Triangle Capital Corporation (TCAP), Ithaca Energy (IAE), Invesco California Value Municipal Income Trust (VCV), BlackRock Capital Investment Corporation (BKCC) and PennantPark Investment Corporation (PNNT).
Who are Nuveen Floating Rate Income Opportnty Fd's key executives?
Nuveen Floating Rate Income Opportnty Fd's management team includes the folowing people:
- William J. Schneider, Independent Chairman of the Board
- Gifford R. Zimmerman CPA., Chief Administrative Officer
- Walter M. Kelly, Chief Compliance Officer, Vice President
- Stephen D. Foy CPA., 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 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.
What is Nuveen Floating Rate Income Opportnty Fd's stock price today?
MarketBeat Community Rating for Nuveen Floating Rate Income Opportnty Fd (NYSE JRO)MarketBeat's community ratings are surveys of what our community members think about Nuveen Floating Rate Income Opportnty Fd 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.
One share of Nuveen Floating Rate Income Opportnty Fd stock can currently be purchased for approximately $11.46.
Consensus Ratings for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) (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 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|
|4/6/2017||Jack Evans||Insider||Buy||4,225||$11.73||$49,559.25|| |
|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)
Nuveen Floating Rate Income Opportnty Fd (JRO) Chart for Tuesday, June, 27, 2017