Nuveen Floating Rate Income Fund (JFR)
Nuveen Floating Rate Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $7.77, down 0.77% on the session, giving a market capitalisation of $1.25B. On trailing twelve-month figures it carries a trailing P/E of 17.27, a net margin of 55.6%. Its beta of 0.38 implies it has historically moved less than the broad market.
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.
Nuveen Floating Rate Income Fund is most often compared with the following Financial Services names: