NUVEEN FLT RATE INC OPP FD
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About JRO
Nuveen Floating Rate Income Opportunity Fund (the 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 at least 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 adjustable-rate unsecured senior loans and adjustable rate 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; hotels, restaurants and leisure; software; health care providers and services; pharmaceuticals; Information technology services; diversified telecommunication services; entertainment; insurance; communications equipment; road and rail; building products, and auto components. The Fund's investment advisor is Nuveen Fund Advisors, LLC.
Find out what a historical investment in NUVEEN FLT RATE INC OPP FD would be worth today using our JRO stock calculator.
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This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
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