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home / news releases / JFR - Nuveen Floating Rate Income: A Discount Means Safety

JFR - Nuveen Floating Rate Income: A Discount Means Safety

Nuveen Floating Rate Income Fund

2024-02-25 23:53:59 ET

Summary

  • 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.
  • JFR has a diversified portfolio, with a concentration in the Hotels, Restaurants, and Leisure industry, which poses a risk in tough economic times.

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For further details see:

Nuveen Floating Rate Income: A Discount Means Safety
Stock Information
Company Name: Nuveen Floating Rate Income Fund
Stock Symbol: JFR
Market: NYSE
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