JFR News and Press, Nuveen Floating Rate Income Fund From 10/30/23

2023-10-30 17:32:12 ET Summary Nuveen Credit Strategies Income Fund offers a high level of current income with a yield of 13.42%. The JQC closed-end fund primarily invests in senior loans, high yield corporate debt, and collateralized loan obligation debt. The JQC fund employs...

2023-10-25 18:35:53 ET Summary Many risk-averse investors are holding onto large amounts of cash, waiting to re-enter the investing game. Nuveen Investments recommends getting off the sidelines and positioning portfolios for attractive late-cycle opportunities. Nuveen offers s...

2023-10-09 13:59:27 ET Summary 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 has a positive total return despite a price decline....

2023-09-28 15:37:13 ET Summary Amplify High Income ETF has underperformed the S&P 500 index, with a -33% price decrease and -11% total return since February 2021. The YYY ETF is a fund of closed-end funds with a high expense ratio of 2.72% and a portfolio heavily weighted towa...

2023-09-25 12:00:16 ET Summary 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 market concerns. Investing in CEFs that hold flo...

2023-09-01 15:47:25 ET Summary 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 exceptionally cheap, with discounts wider than 99% of histor...

2023-08-10 10:32:01 ET Summary 20 out of 22 CEF sectors positive on price. Nuveen senior loan funds merger is complete. The combined JFR boosted its distribution by 14%. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent ...

2023-08-02 13:08:25 ET Nuveen Floating Rate Income Fund ( NYSE: JFR ) declares $0.085/share monthly dividend , 14.1% increase from prior dividend of $0.074. Forward yield 12.73% Payable Sept. 1; for shareholders of record Aug. 15; ex-div Aug. 14. See JFR ...

2023-08-02 04:40:21 ET Summary Nuveen has completed the merger of three funds into the Nuveen Floating Rate Income Fund, making it the largest listed senior loan closed-end fund. The merger is expected to bring operational savings and improve fund performance over time. JFR ha...

Fund merger results in the largest listed senior loan closed-end fund Monthly distribution increased by 14% The mergers of Nuveen Senior Income Fund (NYSE: NSL), Nuveen Floating Rate Income Opportunity Fund (NYSE: JRO), and Nuveen Short Duration Credit Opportunities Fund (NYSE: JSD)...