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’s investment objective is to achieve a high level of current income. The Fund invests at least 80% of its Assets (as defined below) in secured senior loans and unsecured senior loans, which unsecured Senior Loans will be, at the time of investment, investment grade quality. The Fund invests at least 65% of its managed assets in senior loans that are secured by specific collateral. The Fund may invest up to 20% of its managed assets in other debt securities such as investment and non-investment grade debt securities, convertible securities and structured notes, mortgage-related and other asset-backed securities, and debt securities and other instruments issued by government, government-related or supranational issuers. The Fund may invest up to 5% of its Managed Assets in iBoxx Loan Total Return Swaps. Nuveen Fund Advisors, LLC, is the Fund’s investment adviser.
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13.00%
1.12M
$7.85
$7.81
$7.82
$9.15
$7.12
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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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