NYSE:JRONuveen Floating Rate Income Opportnty Fd Stock Price, Forecast & News

$8.12

+0.11 (+1.37 %)

(As of 06/5/2020 10:38 AM ET)

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Today's Range

$8.11

Now: $8.12▼

$8.12

50-Day Range

$7.33

MA: $7.59▼

$7.98

52-Week Range

$5.33

Now: $8.12▼

$10.19

Volume3,103 shs

Average Volume395,384 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.07%

BetaN/A

Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans. It benchmarks the performance of its portfolio against the Barclays U.S. Aggregate Bond Index and CSFB Leveraged Loan Index. Nuveen Floating Rate Income Opportunity Fund was formed on April 27, 2004 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Nuveen Floating Rate Income Opportnty Fd.

2.6 Community Rank

Outperform Votes
Nuveen Floating Rate Income Opportnty Fd has received 133 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Nuveen Floating Rate Income Opportnty Fd has received 119 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Nuveen Floating Rate Income Opportnty Fd has received 52.78% “outperform” votes from our community.

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 JRO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe JRO will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Nuveen Floating Rate Income Opportnty Fd is a leading dividend payer. It pays a dividend yield of 0.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Nuveen Floating Rate Income Opportnty Fd does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nuveen Floating Rate Income Opportnty Fd insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.85 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:JRO

Previous Symbol

CUSIPN/A

CIK1289213

Webwww.nuveen.com

Phone312-917-7700

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) Frequently Asked Questions

How has Nuveen Floating Rate Income Opportnty Fd's stock been impacted by COVID-19 (Coronavirus)?

Nuveen Floating Rate Income Opportnty Fd's stock was trading at $8.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, JRO stock has decreased by 1.9% and is now trading at $8.12. View which stocks have been most impacted by Coronavirus.

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 Monday, June 1st. Investors of record on Monday, June 15th will be paid a dividend of $0.045 per share on Wednesday, July 1st. This represents a $0.54 annualized dividend and a dividend yield of 6.65%. The ex-dividend date is Friday, June 12th. View Nuveen Floating Rate Income Opportnty Fd's dividend history.

Has Nuveen Floating Rate Income Opportnty Fd been receiving favorable news coverage?

Media headlines about JRO stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nuveen Floating Rate Income Opportnty Fd earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutNuveen Floating Rate Income Opportnty Fd.

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 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT) and Blackrock Credit Allocation Income Trust (BTZ). View all competitors.

What other stocks do shareholders of Nuveen Floating Rate Income Opportnty Fd own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nuveen Floating Rate Income Opportnty Fd investors own include Energy Transfer LP Unit (ET), Blackstone Group (BX), Allianzgi Convertible & Income Fund (NCV), Nuveen Senior Income Fund (NSL), AT&T (T), Dominion Energy (D), Main Street Capital (MAIN), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY) and PCM Fund (PCM).

Who are Nuveen Floating Rate Income Opportnty Fd's key executives?

Nuveen Floating Rate Income Opportnty Fd's management team includes the following people:

Mr. Stephen D. Foy, VP and Controller (Age 65)
Mr. Gifford Ross Zimmerman, Co-Gen. Counsel (Age 63)
Mr. Walter M. Kelly, Chief Compliance Officer and VP (Age 49)
Mr. Kevin J. McCarthy, VP and Sec. (Age 53)
Mr. Scott S. Grace, VP and Treasurer (Age 49)

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."

Who are Nuveen Floating Rate Income Opportnty Fd's major shareholders?

Nuveen Floating Rate Income Opportnty Fd's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Saba Capital Management L.P. (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), Gradient Investments LLC (0.00%), Lindbrook Capital LLC (0.00%) and Guggenheim Capital LLC (0.00%). View institutional ownership trends for Nuveen Floating Rate Income Opportnty Fd.

Which major investors are selling Nuveen Floating Rate Income Opportnty Fd stock?

JRO stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Virtus ETF Advisers LLC, Gradient Investments LLC, Cetera Advisor Networks LLC, Kovack Advisors Inc., Cambridge Investment Research Advisors Inc., Wells Fargo & Company MN, and Flagship Harbor Advisors LLC. View insider buying and selling activity for Nuveen Floating Rate Income Opportnty Fd.

Which major investors are buying Nuveen Floating Rate Income Opportnty Fd stock?

JRO stock was bought by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Lindbrook Capital LLC, UBS Group AG, RFG Advisory LLC, RiverNorth Capital Management LLC, Advisor Group Holdings Inc., Next Capital Management LLC, and CNH Partners LLC. View insider buying and selling activity for Nuveen Floating Rate Income Opportnty Fd.

How do I buy shares of Nuveen Floating Rate Income Opportnty Fd?

Shares of JRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Nuveen Floating Rate Income Opportnty Fd's stock price today?

One share of JRO stock can currently be purchased for approximately $8.12.

What is Nuveen Floating Rate Income Opportnty Fd's official website?

The official website for Nuveen Floating Rate Income Opportnty Fd is www.nuveen.com.

How can I contact Nuveen Floating Rate Income Opportnty Fd?

Nuveen Floating Rate Income Opportnty Fd's mailing address is 333 W Wacker Dr, CHICAGO, IL 60606-1220, United States. The financial services provider can be reached via phone at 312-917-7700.

This page was last updated on 6/5/2020 by MarketBeat.com Staff