NYSE:JRO

Nuveen Floating Rate Income Opportunity Fund - JRO Stock Forecast, Price & News

$8.86

-0.07 (-0.78%)

(As of 08/19/2022 12:00 AM ET)

Add

Compare

Today's Range: $8.86
▼
$8.95
50-Day Range: $8.08
▼
$8.93
52-Week Range: $8.06
▼
$10.49

Volume: 79,228 shs
Average Volume: 201,386 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 0.07%
Price Target: N/A

About Nuveen Floating Rate Income Opportunity Fund

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.

Nuveen Floating Rate Income Opportunity Fund Price Performance

JRO Stock traded down $0.07 during midday trading on Friday, hitting $8.86. 79,228 shares of the company's stock were exchanged, compared to its average volume of 201,386. The firm has a 50 day moving average price of $8.45 and a 200-day moving average price of $9.16. Nuveen Floating Rate Income Opportunity Fund has a 12-month low of $8.06 and a 12-month high of $10.49.

Nuveen Floating Rate Income Opportunity Fund Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 15th will be issued a $0.065 dividend. The ex-dividend date is Friday, August 12th. This represents a $0.78 annualized dividend and a yield of 8.80%.

Receive JRO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nuveen Floating Rate Income Opportunity Fund and its competitors with MarketBeat's FREE daily newsletter.

JRO Stock News Headlines

July 31, 2022 | msn.com

After a 3-month lull; it’s raining mutual fund NFOs in July

July 9, 2022 | seekingalpha.com

Nuveen Floating Rate Income Opportunity Fund declares $0.0655 dividend

January 7, 2022 | seekingalpha.com

Nuveen Floating Rate Income Opportunity Fund declares $0.0575 dividend

April 14, 2021 | benzinga.com

Insider Sells Nuveen Floating Rate Income Opportunity Fund Shares

April 9, 2021 | benzinga.com

Insider Buys Nuveen Floating Rate Shares

April 8, 2021 | nasdaq.com

Thursday 4/8 Insider Buying Report: NMTR, JRO

March 16, 2021 | forbes.com

This Ignored Fund Yields 7% And Just Raised Its Payout 21%

December 4, 2020 | seekingalpha.com

JPC: A Look At This 6.86% Yielding Preferred Fund

November 27, 2020 | seekingalpha.com

Our Take On Barry Ritholtz's Yield Recommendations

November 6, 2020 | finance.yahoo.com

Nuveen Floating Rate Income Opportunity Fund -- Moody's assigns Aa3 rating to new preferred shares issued by Nuveen Floating Rate Income Opportunity Fund

November 20, 2019 | markets.ft.com

Guggenheim Enhanced Equity Income

October 24, 2019 | finance.yahoo.com

Nuveen Closed-End Funds Announces Intention to Redeem Preferred Shares

October 4, 2019 | markets.ft.com

Nuveen Floating Rate Income Opportunity Fund

August 14, 2019 | markets.ft.com

MFS Multi-Market Income Fund

June 21, 2019 | markets.ft.com

Eaton Vance Tax-Managed Buy-Write Income Fund

February 22, 2019 | finance.yahoo.com

Nuveen Floating Rate Income Opportunity Fund -- Moody's announces completion of a periodic review of ratings of Nuveen Floating Rate Income Opportunity Fund

December 18, 2018 | finance.yahoo.com

Should You Buy Nuveen Floating Rate Income Opportuntiy Fund (JRO)?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive JRO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nuveen Floating Rate Income Opportunity Fund and its competitors with MarketBeat's FREE daily newsletter.

JRO Company Calendar

Ex-Dividend for 8/1 Dividend: 7/14/2022
Dividend Payable: 8/01/2022
Ex-Dividend for 9/1 Dividend: 8/12/2022
Today: 8/19/2022
Dividend Payable: 9/01/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment Trusts/Mutual Funds
Sub-Industry: N/A
Sector: Miscellaneous
Current Symbol: NYSE:JRO
CUSIP: N/A
CIK: 1289213
Web: www.nuveen.com
Phone: (800) 257-8787
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. William C. Adams IV (Age 66)
VP

Mr. Gunther Maurice Stein
Portfolio Mang.

Mr. Scott Caraher
Portfolio Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

JRO Stock - Frequently Asked Questions

How have JRO shares performed in 2022?: Nuveen Floating Rate Income Opportunity Fund's stock was trading at $10.13 at the beginning of the year. Since then, JRO stock has decreased by 12.2% and is now trading at $8.89.
View the best growth stocks for 2022 here.
Are investors shorting Nuveen Floating Rate Income Opportunity Fund?: Nuveen Floating Rate Income Opportunity Fund saw a decline in short interest during the month of July. As of July 31st, there was short interest totaling 42,600 shares, a decline of 31.4% from the July 15th total of 62,100 shares. Based on an average daily volume of 138,000 shares, the days-to-cover ratio is currently 0.3 days.
View Nuveen Floating Rate Income Opportunity Fund's Short Interest.
How often does Nuveen Floating Rate Income Opportunity Fund pay dividends? What is the dividend yield for Nuveen Floating Rate Income Opportunity Fund?: Nuveen Floating Rate Income Opportunity Fund announced a monthly dividend on Monday, August 1st. Stockholders of record on Monday, August 15th will be paid a dividend of $0.065 per share on Thursday, September 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.77%. The ex-dividend date of this dividend is Friday, August 12th.
Read our dividend analysis for JRO.
Is Nuveen Floating Rate Income Opportunity Fund a good dividend stock?: Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) pays an annual dividend of $0.70 per share and currently has a dividend yield of 0.07%.
Read our dividend analysis for JRO.

What other stocks do shareholders of Nuveen Floating Rate Income Opportunity Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Nuveen Floating Rate Income Opportunity Fund investors own include Energy Transfer (ET), Blackstone (BX), Virtus Convertible & Income Fund (NCV), CVS Health (CVS), Nuveen Senior Income Fund (NSL), AT&T (T), AbbVie (ABBV), Dominion Energy (D), Freeport-McMoRan (FCX) and Nuveen Preferred Securities Income Fund (JPS).
What is Nuveen Floating Rate Income Opportunity Fund's stock symbol?: Nuveen Floating Rate Income Opportunity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "JRO."
Who are Nuveen Floating Rate Income Opportunity Fund's major shareholders?: Nuveen Floating Rate Income Opportunity Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include LPL Financial LLC (0.00%), Advisors Asset Management Inc. (0.00%), Sit Investment Associates Inc. (0.00%), Aviance Capital Partners LLC (0.00%), RFG Advisory LLC (0.00%) and UBS Group AG (0.00%). Insiders that own company stock include Saba Capital Management, LP and Scott C Caraher.
View institutional ownership trends.
How do I buy shares of Nuveen Floating Rate Income Opportunity Fund?: Shares of JRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Nuveen Floating Rate Income Opportunity Fund's stock price today?: One share of JRO stock can currently be purchased for approximately $8.89.
How can I contact Nuveen Floating Rate Income Opportunity Fund?: Nuveen Floating Rate Income Opportunity Fund's mailing address is 333 W Wacker Dr, CHICAGO, IL 60606-1220, United States. The official website for the company is www.nuveen.com. The financial services provider can be reached via phone at (800) 257-8787.

This page (NYSE:JRO) was last updated on 8/19/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here