JFR: Inconsistent Dividend Coverage (Rating Downgrade)
2025-11-01 23:31:32 ET
Overview
As market indexes continue to trade near all-time highs, investors may be looking for a way to hedge against the uncertainty of equities. Nuveen Floating Rate Income Fund ( JFR ) offers investors exposure to a diverse range of floating rate securities and puts an emphasis on income generation. Unlike traditional equities, these income securities don't rely on earnings growth to succeed. Instead, these securities typically rely on a borrower's ability to repay its debts, which is an easier bet to make. When I previously covered JFR, I issued a buy rating due to the attractive valuation at the time....
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JFR: Inconsistent Dividend Coverage (Rating Downgrade)
NASDAQ: JFR
JFR Trading
-1.28% G/L:
$7.31 Last:
517,827 Volume:
$7.36 Open:
