JFR News and Press, Nuveen Floating Rate Income Fund From 10/14/21

Nuveen Floating Rate Income Fund (NYSE:JFR) traded at a new 52-week high today of $10.29. Approximately 72,000 shares have changed hands today, as compared to an average 30-day volume of 242,000 shares. Nuveen Floating Rate Income Fund (NYSE:JFR) is currently priced 0.0% above its averag...

Closed-end fund that invests in the leveraged loan asset class. The fund has a 0.40 Sharpe ratio and 10.46 standard deviation vs 0.56 Sharpe and 3.31 standard deviation for the Bloomberg US Aggregate Bond Index. The fund has a very low duration of 0.21, which makes it fairly immun...

Senior loan funds are showing some opportunities at some wide discounts. These funds should benefit from increasing interest rates, but that could be years before playing out. Be aware of certain other risks in these investments, as well as the other benefits they can provide. ...

Fixed income CEF discounts continue to tighten and are approaching 20-year highs. This won't last for long. Part II of this report will focus on when this ends. Muni CEFs remain a better value than taxables but there are small pockets of opportunity in the taxable side if you look and...

Stocks eked out some small gains this week bringing the S&P 500 within a half a percent of the all-time high hit on May 7th. Discounts climbed back to their tightest levels of the last 8 years with munis starting to catch up to taxables. The spreads between the two are down to 1.4...

Shares of Nuveen Floating Rate Income Fund (NYSE:JFR) traded at a new 52-week high today of $9.93. Approximately 53,000 shares have changed hands today, as compared to an average 30-day volume of 359,000 shares. In the past 52 weeks, Nuveen Floating Rate Income Fund share prices are brac...

Nuveen Floating Rate Income Fund (JFR) declares $0.058/share quarterly dividend, in line with previous.Forward yield 2.37%Payable May 3; for shareholders of record April 15; ex-div April 14.See JFR Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Nuveen F...

Senior loan funds are showing some opportunities at some deep discounts. These funds should benefit from increasing interest rates, but that could be years before playing out. Be aware of certain other risks in these investments, as well as the other benefits they can provide. ...

I have tried to reduce my overall CEF allocation- I continue to make some rotational trades into areas of the marketplace I think are best positioned for gains. Recent moves include trimming overvalued and overweighted multisector funds like PDI/PCI. I have also reduced some of my hig...

We've seen a lot of volatility in the last month across all risk assets, but closed-end funds have weathered it quite well. Taxables have performed much better than municipal CEFs which have been hit on NAV from rising interest rates. Balancing the portfolio between credit risks a...