Nuveen Floating Rate Income:JFR

    Manage Alerts


    As of 8/20/2019

    52 Wk Avg$9.86$11.11-11.27%
    52 Wk High$10.45$11.57-8.61%
    52 Wk Low$8.86$10.47-15.70%
    Regular Distribution TypeIncome Only
    Distribution Rate7.71%
    Distribution Amount$0.0615
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to achieve a high level of current income by investing in adjustable rate secured and unsecured senior loans and other debt instruments.

    Capital Structure

    As of 8/20/2019

    Total Net Assets:$998.204M
    Total Common Assets:$618.704M
    Common Shares Outstanding:56,918,468

    As of 6/28/2019

    Preferred Share Assets:
    Type of Preferred: Variable Rate MuniFund Term Pref
    Total Debt (USD): $380.000M
    Structural Leverage (USD): $380.000M
    Structural Leverage (%): 37.74%
    Effective Leverage (USD): $380.000M
    Effective Leverage (%): 37.74%
    Annual Expense Ratios

    As of 7/31/2019

      Per Common Share
    Management Fees1.26%
    Other Expenses:0.12%
    Baseline Expense: 1.37%
    Interest Expense:1.61%
    Total: 2.98%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors

    Portfolio Managers
    Scott Caraher (27 Oct 2014) / Jenny Rhee (23 May 2019)

    Category: Taxable Income-Senior Loan
    Ticker: JFR
    NAV Ticker: XJFRX
    Average Daily Volume (shares): 201,000
    Average Daily Volume (USD): $1.968M
    Inception Date: 3/25/2004
    Inception Share Price: $15.00
    Inception NAV: $14.30
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports


    As of 8/20/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 7/31/2019
    Annualized Distribution Rate on NAV:
    As of 8/20/2019
    Total Return on NAV (12 months):
    As of 8/20/2019
    Avg. UNII Per Share:
    As of 7/31/2019
    Total % Portfolio Effectively Leveraged:
    As of 8/20/2019

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 8/20/2019

    PeriodAvg Discount
    6 Month-11.02%
    1 Year-11.27%
    3 Year-5.61%
    5 Year-7.09%

    As of 8/21/2019

    3 Month-1.50
    6 Month-1.20
    1 Year-0.70
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 8/20/2019
    Category: Senior Loan Funds Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/20/2019
    Category: Senior Loan Funds Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2019
    Annual Portfolio Turnover:
    As of 7/31/2019
    Average Bond Price:
    As of 3/29/2019
    Asset Allocation

    As of 3/29/2019 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2018 reported by Fund Sponsor

    Media 12.88%
    Software 10.02%
    Hotels Restaurants & Leis8.08%
    Diversified Telecommunica7.68%
    Health Care Providers & S4.73%
    Wireless Telecommunicatio4.25%
    Tech Hardware, Storage & 3.59%
    Food & Staples Retailing 3.26%
    Oil, Gas, & Consumable Fu3.07%
    Commercial Services & Sup2.55%
    Call Exposure

    As of 4/30/2019 reported by Fund Sponsor

    Top Holdings

    As of 12/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    UK GBP$23.28M2.29%
    Albertsons Llc Term Loan B7 5.49 29 Oct 2025$20.47M2.01%
    BC Ulc 1011778 Tl B 1l 4.89 16 Feb 2024$18.65M1.83%
    DELL INC. 2017 1ST LIEN TERM LOAN 4.44 07 Sep 2023$17.98M1.77%
    Univision Communications Inc Tl C5 1l 5.53 15 Mar 2024$14.49M1.42%
    Avolon Tlb Borrower Term Loan B3 4.54 15 Jan 2025$12.83M1.26%
    Us Foods Inc. 2016 Tl B 1l 6.05 15 Jun 2023$12.09M1.19%
    Scientific Games Intnl Term Loan B5 5.24 14 Aug 2024$11.72M1.15%
    Infor Us Inc Tl B6 1l 5.34 01 Feb 2022$11.58M1.14%
    Ziggo Sec Fin Part Tl E 1l 5.01 25 Apr 2025$11.34M1.11%
    Hilton Worldwide Fin Llc Usd Tl B2 5.11 26 Oct 2023$10.99M1.08%
    Credit Quality

    As of 4/30/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 3/29/2019 reported by Fund Sponsor

    Country Allocation

    As of 3/29/2019 reported by Fund Sponsor

    Country% Portfolio
    USA 80.44%
    UK 5.11%
    Canada 4.28%
    Luxembourg 2.55%
    Japan 2.27%
    China 1.33%
    Netherlands 1.25%
    Switzerland 1.05%
    Spain 0.54%
    Austria 0.40%
    New Zealand 0.37%
    Cayman Islands 0.27%
    Belgium 0.07%
    Singapore 0.06%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.