Nuveen Floating Rate Income Fund

JFR

Market cap $1.11B

Overview Fund Activity

8.30 USD

-0.09

1.07%

At close Updated Sep 15, 4:00 PM EDT

1 day

-1.07%

5 days

-1.19%

1 month

-1.19%

3 months

0.61%

6 months

-1.31%

Year to date

-7.57%

1 year

-5.79%

5 years

-1.54%

10 years

-18.79%

About: Nuveen Floating Rate Income Fund is a diversified closed-end management investment company. Its investment objective is to achieve a high level of current income, consistent with the preservation of capital. It invests in adjustable-rate U.S. dollar-denominated secured Senior Loans.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 55

0% more capital invested

Capital invested by funds: $464M [Q1] → $466M (+$2.27M) [Q2]

0.2% more ownership

Funds ownership: 40.87% [Q1] → 41.07% (+0.2%) [Q2]

0% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 15

1% less funds holding

Funds holding: 168 [Q1] → 166 (-2) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

See Fund Rankings

Financial journalist opinion

Nuveen Floating Rate Income: Fed Outlook May Weaken Dividend

JFR's floating-rate loan portfolio faces income pressure if the Fed cuts rates, making dividend sustainability uncertain. Recent portfolio shifts to more defensive sectors reduce risk, but NAV per share continues to decline, raising valuation concerns. Current share price offers little discount to NAV, and the management fee above 1% further limits upside potential.

Nuveen Floating Rate Income: Fed Outlook May Weaken Dividend

24/7 Wall Street

Need $5,000 in Passive Income and Spooked By Stocks? Invest $10,000 in these 4 Funds

Although the US stock market is the largest in the world, with a market capitalization of roughly $49 trillion, the US bond market is larger, clocking in at $51 trillion.

Need $5,000 in Passive Income and Spooked By Stocks? Invest $10,000 in these 4 Funds

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Get Paid 10%+ a Year? These Monthly Dividend Stocks Actually Deliver

Although double-digit yields were normal during the 1980s, lower interest rates and a robust stock market have rendered yields of 10% or higher obscure.

Get Paid 10%+ a Year? These Monthly Dividend Stocks Actually Deliver

JFR: Income Now, Price Recovery Later

JFR offers a high 12.2% yield, benefiting from the current elevated interest rate environment, making it attractive for income-focused investors. The fund is diversified across 384 positions, primarily in senior loans, but carries significant credit risk due to heavy exposure to below-investment-grade borrowers. JFR trades at a 5% discount-to-NAV, and while price appreciation is possible if rates fall, distributions may decrease in a lower-rate scenario.

JFR: Income Now, Price Recovery Later

3 Cheap CEFs With Yields Up To 12%

We've got a rare “delayed reaction” income play on our hands right now. Thanks to the April stock-market plunge, we can now pick up 12%+ dividends at attractive discounts.

3 Cheap CEFs With Yields Up To 12%

JFR: Tactical Buy After The Storm (Rating Upgrade)

The Nuveen Floating Rate Income Fund is currently oversold due to market reactions, presenting a tactical 'Buy' opportunity with a potential +5% bounce. JFR's valuation has been impacted by tariff concerns, despite strong economic fundamentals and a stable NAV, leading to a -12% discount to NAV. The fund's yield is projected to adjust to around 10% due to anticipated Fed rate cuts, but defaults remain low and the economy robust.

JFR: Tactical Buy After The Storm (Rating Upgrade)

Nuveen Floating Rate Income Fund Announces the Preliminary Results of Rights Offering

NEW YORK--(BUSINESS WIRE)--Nuveen Floating Rate Income Fund (NYSE: JFR) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) which expired at 5:00 p.m., Eastern time, on February 19, 2025 (the “Expiration Date”). The Offer entitled the rights holders to subscribe for an aggregate of up to an additional 26,911,238 common shares of the Fund (“Common Shares”). The subscription price for the Common Shares to be issued was $8.20 per Common Share, whi.

Nuveen Floating Rate Income Fund Announces the Preliminary Results of Rights Offering

CEF Insights: Finding Income & Stability With Senior Loans

U.S. senior floating rate loans offer unique protection against interest rate volatility along with high yield, making them a valuable diversifier in income-focused portfolios. Explore the benefits of senior loans and Nuveen's strategy and outlook with Nuveen Head of Senior Loans Scott Caraher. Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions including the Nuveen Floating Rate Income Fund.

CEF Insights: Finding Income & Stability With Senior Loans

CEF Weekly Review: Dilution Dissection In Rights Offerings

We review the CEF market valuation and performance through the third week of January and highlight recent market action. CEFs had a strong week, driven by rallies in stocks and Treasuries, with higher-beta MLP and REIT sectors leading. Nuveen Floating Rate Income Fund's rights offering is discussed, emphasizing the importance of either selling or exercising the rights.

CEF Weekly Review: Dilution Dissection In Rights Offerings

JFR: Brace For Weakness Via This Rights Offering

JFR announced a transferable rights offering, allowing existing shareholders to purchase new shares at a discount. This move will increase the fund's assets under management (AUM) and liquidity but may cause short-term price weakness. The fund remains heavily weighted towards leveraged loans (84% of holdings) with a low duration of 0.44 years and high leverage (38%).

JFR: Brace For Weakness Via This Rights Offering

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