Nuveen Floating Rate Income Opportunity:JRO

    Manage Alerts

    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$9.58$10.41-7.97%
    52 Wk Avg$8.71$9.80-11.21%
    52 Wk High$9.65$10.41-6.15%
    52 Wk Low$7.71$9.10-16.33%
    Regular Distribution TypeIncome Only
    Distribution Rate7.20%
    Distribution Amount$0.0575
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund's investment objective is to achieve a high level of current income. The Fund invests at least 80% of its managed assets in adjustable rate loans, primarily senior loans, though the loans may include unsecured senior loans and secured and unsecured subordinated loans. At least 65% of the Fund's managed assets must include adjustable rate senior loans that are secured by specific collateral. The Fund uses leverage.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$645.980M
    Total Common Assets:$422.034M
    Common Shares Outstanding:40,541,218
    Leverage

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $223.946M
    Regulatory Leverage (USD): $223.946M
    Effective Leverage (USD): $223.946M
    Effective Leverage (%): 34.67%
    Annual Expense Ratios

    As of 7/31/2020

      Per Common Share
    Management Fees1.27%
    Other Expenses:0.12%
    Baseline Expense: N/A
    Interest Expense:1.68%
    Total: 3.07%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Scott Caraher, Kevin R. Lorenz

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: JRO
    NAV Ticker: XJROX
    Average Daily Volume (shares): 304,249
    Average Daily Volume (USD): $2.634M
    Inception Date: 7/27/2004
    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 6/11/2021

    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 1/31/2021
    $0.2609
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    6.63%
    Total Return on NAV (12 months):
    As of 6/11/2021
    21.52%
    Avg. Portfolio Coupon:
    As of 6/11/2021
    4.13%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    34.67%

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

    Pricing Information

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

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-8.67%
    1 Year-11.21%
    3 Year-11.14%
    5 Year-7.21%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month-1.38
    6 Month0.35
    1 Year1.07
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD12.75%6.47%13.26%5.04%
    2020-6.67%-2.54%0.14%1.12%
    201919.54%11.44%18.13%8.70%
    2018-15.07%-2.21%-7.68%-1.95%
    20170.60%4.88%3.80%5.83%
    201634.16%16.21%24.86%18.27%
    2015-6.68%-5.18%-3.65%-4.65%
    2014-1.34%1.48%-2.59%1.36%
    20136.82%12.45%3.18%9.08%
    201220.76%18.26%23.78%15.96%
    2011-0.64%2.09%-4.49%1.82%
    201019.95%15.92%24.86%14.07%
    2009119.82%113.14%89.99%79.89%
    2008-48.15%-52.39%  
    2007-8.38%0.25%  
    200620.27%8.65%  
    2005-6.66%5.95%  
    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 5/31/2021
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    4.13%
    Number of Holdings:
    As of 4/30/2021
    453
    Annual Portfolio Turnover:
    As of 7/31/2020
    43.00%
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)89.39%
    Bank Loan81.37%
    Corporate Bond8.00%
    Cash Equivalents (Super Sector)7.61%
    Cash Equivalents7.61%
    Sensitive (Super Sector)1.59%
    Energy0.98%
    Communication Services0.61%
    Securitized (Super Sector)0.40%
    Asset Backed0.40%
    Call Exposure

    As of 4/30/2021 reported by Fund Sponsor

    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Restaurant Brands International Inc$15.86M2.32%
    Clear Channel Outdoor Holdings Inc/old$7.88M1.15%
    Caesars Holdings Inc$7.58M1.11%
    Seattle SpinCo Inc$7.43M1.08%
    Delta 2 Lux Sarl$7.18M1.05%
    Argos Holdings Inc$6.60M0.96%
    US Foods Inc$6.54M0.95%
    Intelsat SA$6.49M0.95%
    Dell Inc$6.01M0.88%
    PAREXEL International Corp$5.95M0.87%
    Maturity Breakdown

    As of 4/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income5.81%
    United States - Equity2.15%
    France - Fixed Income0.56%
    Canada - Fixed Income0.48%
    Others - Fixed Income0.31%
    Singapore - Fixed Income0.12%
    United Kingdom - Fixed Income0.11%
    United Kingdom - Equity0.08%

    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. 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.

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