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Nuveen Floating Rate Income Fund/Closed-end Fund

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About JFR

Nuveen Floating Rate Income Fund (the Fund) is a closed-end management investment company. The Fund seeks to achieve a high level of current income by investing in secured senior loans and unsecured senior loans. The Company invests in adjustable-rate loans, which provide a potential hedge against rising short-term rates. Under normal market circumstances, the Fund will invest at least 80% of its managed assets in adjustable-rate loans. In addition, the Fund invests at least 65% of its managed assets in senior loans that are secured by specific collateral. Its other loans include unsecured senior loans and secured and unsecured subordinated loans. The sectors covered by the portfolio include hotels, restaurants and leisure; software; media; health care providers and services, and oil, gas and consumable fuels. It also invests in the United States, Canada, the United Kingdom, Luxembourg, and the Netherlands. Nuveen Fund Advisors, LLC, is the Fund’s investment adviser.

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Market Capitalisation

-

Price-earnings ratio

-

Dividend yield

11.58%

Volume

475.94K

High today

$8.86

Low today

$8.75

Open price

$8.82

52-week high

$9.03

52-week low

$7.94

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JFR FAQs

  1. Find the right investing platform for you. To buy JFR shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
  2. Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
  3. Search for JFR or Nuveen Floating Rate Income Fund/Closed-end Fund. Find the stock by using the search function and go to the JFR page.
  4. Place an order to buy JFR. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
  5. Monitor your portfolio. You’ve now purchased some JFR shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.

The ticker symbol for Nuveen Floating Rate Income Fund/Closed-end Fund is JFR.

One share of JFR is valued at $8.80 as of 05 November 2024.

Yes, JFR does pay dividends.

The dividend yield for JFR is 11.58% as of 05 November 2024.

The Nuveen Floating Rate Income Fund/Closed-end Fund 52-week high stock price is $9.03.

The Nuveen Floating Rate Income Fund/Closed-end Fund 52-week low stock price is $7.94.

Yes, the Stake investing platform allows you to buy JFR shares and over 12,000 more stocks and ETFs across the ASX and Wall St.

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

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