Nuveen Floating Rate Income:JFR

    Manage Alerts

    Overview

    As of 7/3/2022

     Share
    Price
    NAVPremium/
    Discount
    Current$8.39$9.13-8.11%
    52 Wk Avg$9.93$10.34-4.11%
    52 Wk High$10.65$10.550.78%
    52 Wk Low$8.16$9.13-12.73%
    Regular Distribution TypeManaged Distribution
    Distribution Rate9.44%
    Distribution Amount$0.0580
    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 a portfolio of adjustable rate senior loans and other debt instruments. At least 80% of its managed assets will consist of adjustable rate loans; at least 65% of these must be senior loans secured by specific collateral. Other loans may include unsecured senior loans and secured and unsecured subordinated loans. The Fund uses leverage.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$857.414M
    Total Common Assets:$519.666M
    Common Shares Outstanding:56,918,468
    Leverage

    As of 7/3/2022

    Preferred Share Assets:
    Total Debt (USD): $337.748M
    Regulatory Leverage (USD): $337.748M
    Effective Leverage (USD): $337.748M
    Effective Leverage (%): 39.39%
    Annual Expense Ratios

    As of 7/31/2021

      Per Common Share
    Management Fees1.24%
    Other Expenses:0.25%
    Baseline Expense: N/A
    Interest Expense:0.71%
    Total: 2.20%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Scott Caraher, Kevin R. Lorenz

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: JFR
    NAV Ticker: XJFRX
    Average Daily Volume (shares): 245,707
    Average Daily Volume (USD): $2.412M
    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

    Distributions

    As of 7/3/2022

    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 1/31/2022
    $0.2629
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    8.67%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -6.57%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    4.09%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    39.39%

    For the latest UNII information on this fund, please visit the Nuveen fund resources.

    Pricing Information

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

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-3.65%
    1 Year-4.11%
    3 Year-8.90%
    5 Year-7.89%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month-0.04
    6 Month-0.70
    1 Year-1.15
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-14.92%-9.10%-15.03%-8.68%
    202124.66%10.56%20.67%7.70%
    2020-8.03%-2.40%0.14%1.12%
    201919.64%11.53%18.13%8.70%
    2018-11.70%-2.45%-7.68%-1.95%
    20173.01%4.98%3.80%5.83%
    201622.42%15.65%24.86%18.27%
    2015-0.30%-4.57%-3.65%-4.65%
    2014-1.85%1.04%-2.59%1.36%
    20134.81%11.57%3.18%9.08%
    201221.53%16.73%23.78%15.96%
    2011-0.58%1.40%-4.49%1.82%
    201020.67%14.45%24.86%14.07%
    200984.41%101.16%  
    2008-42.08%-50.09%  
    2007-7.20%0.06%  
    200617.03%7.81%  
    2005-3.76%5.50%  
    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 6/30/2022
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/3/2022
    4.09%
    Average Maturity:
    As of 1/31/2022
    4.72 yrs
    Number of Holdings:
    As of 1/31/2022
    476
    Annual Portfolio Turnover:
    As of 7/31/2021
    43.00%
    Pre-Refunded:
    0.00%
    Asset Allocation

    As of 1/31/2022

    Top Sectors

    As of 1/31/2022

    Sector%Portfolio
    Corporate (Super Sector)94.61%
    Bank Loan83.16%
    Corporate Bond11.43%
    Cash Equivalents1.38%
    Cash Equivalents (Super Sector)1.38%
    Securitized (Super Sector)0.78%
    Asset Backed0.78%
    Preferred Stock0.02%
    Call Exposure

    As of 4/30/2022

    Top Holdings

    As of 1/31/2022

    HoldingValue% Portfolio
    Restaurant Brands International Inc$22.86M2.38%
    Clear Channel Outdoor Holdings Inc/old$11.42M1.19%
    Caesars Holdings Inc$10.25M1.07%
    Delta 2 Lux Sarl$10.20M1.06%
    Phoenix Newco Inc$9.60M1.00%
    Mozart Borrower LP$9.57M1.00%
    Argos Holdings Inc$9.36M0.97%
    Golden Nugget Llc$9.27M0.97%
    RegionalCare Hospital Partners Inc$8.63M0.90%
    Fieldwood Engy$8.19M0.85%
    Credit Quality

    As of 1/31/2022

    Maturity Breakdown

    As of 1/31/2022

    Country Allocation

    As of 1/31/2022

    Country% Portfolio
    United States - Fixed Income9.28%
    United States - Equity2.59%
    France - Fixed Income0.61%
    Others - Fixed Income0.55%
    Singapore - Fixed Income0.12%
    Canada - Fixed Income0.12%
    Others - Equity0.03%
    United Kingdom - Equity0.00%

    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.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. 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.

    EWB-2036301PR-E0222X