NYSE:JFR

Nuveen Floating Rate Income Fund Stock News

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$7.60
-0.0400 (-0.524%)
At Close: Jun 03, 2026
The Nuveen Floating Rate Income Fund offers an attractive 11.50% yield, but is unlikely to maintain this due to expected Federal Reserve interest rate cuts. The fund's reliance on floating-rate senior
Floating rate funds like JFR offer decent distribution yields and should continue to do so despite expected rate cuts, as rates aren't expected to go back to zero. JFR remains relatively attractive co

JFR: The 11% Yield Is Not Enough To Give A Buy

10:48am, Tuesday, 09'th Jul 2024
Nuveen Floating Rate Income Fund focuses on high-yielding fixed income securities, which enables the Fund to offer ~11% yield. A major driver for the double-digit yield is a significant concentration
The Nuveen Floating Rate Income Fund offers a significantly higher yield than most fixed-rate bond funds, currently at 11.68%. The fund primarily invests in floating-rate securities that deliver a hig
Nuveen Floating Rate Income Fund invests in leveraged loans. We rated JFR as "Buy" previously. JFR has delivered a total return of over 19% since its merger with other Nuveen leveraged loan CEFs. The
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FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade)
Nuveen Floating Rate Income Fund is a closed-end fund that primarily invests in floating-rate, senior loans. The fund has a consistent dividend history, with fluctuations based on interest rate trends
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trust
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (collectively with certain of its affiliates, “Saba” or “we”) today commented on the outcome of the lawsuit brought in the United State
JFR merged with three of its sister funds earlier this year, which were all focused on floating rates or holding a short-duration fixed-income portfolio. This combination made JFR the largest floating
The Nuveen Floating Rate Income Fund offers a high level of income with a current yield of 12.72% and increasing distributions. The fund has outperformed traditional fixed-rate bond indices YTD and ha
Interest rates are likely to remain elevated due to the strong U.S. economy, despite inflation concerns. The U.S. debt has reached a record high, and fears of a government shutdown are exacerbating ma
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona
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