Nuveen Floating Rate Income: A Discount Means Safety [Seeking Alpha]
Nuveen Floating Rate Income Fund (JFR)
US:NYSE Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=jfr
Company Research
Source: Seeking Alpha
The fund has a consistent dividend history, with fluctuations based on interest rate trends. JFR has a diversified portfolio, with a concentration in the Hotels, Restaurants, and Leisure industry, which poses a risk in tough economic times. Nuveen Floating Rate Income Fund ( NYSE: JFR ) is a floating-rate income fund that, once again, caught my eye. I thought I would give it a look to see if there were differences to similar investments I've reviewed. While I think the current price makes it an attractive Buy, I'll also add some details on why income investors could still find somewhat better buys elsewhere. Concept of the Fund JFR is a closed-end fund, actively managed by Nuveen Fund Advisors LLC. It primarily invests 80% of its assets in floating-rate, senior loans. Most (but not all) of these loans will be secured by collateral. These loans are typically rated (or would be rated) below investment grade. Some might think of this as a "junk bond" fund, where the managers u
Show less
Read more
Impact Snapshot
Event Time:
JFR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JFR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JFR alerts
High impacting Nuveen Floating Rate Income Fund news events
Weekly update
A roundup of the hottest topics
JFR
Sec Filings
- 4/3/24 - Form N-CSRS
- 3/22/24 - Form NPORT-P
- 3/11/24 - Form 4
- JFR's page on the SEC website