Nuveen Floating Rate Income Opportunity:JRO

    Manage Alerts

    Overview

    As of 6/7/2023. NAV as of 6/6/2023.

     Share
    Price    		NAVPremium/
    Discount
    Current$7.70$8.91-13.58%
    52 Wk Avg$8.18$9.11-10.24%
    52 Wk High$8.98$9.69-6.00%
    52 Wk Low$7.45$8.80-14.95%
    Regular Distribution Type†Managed Distribution
    Distribution RateN/A
    Distribution Amount 
    Distribution Frequency 
    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 6/7/2023

    Total Investment Exposure:$594.722M
    Total Common Assets:$361.222M
    Common Shares Outstanding:40,541,218
    Leverage

    As of 6/7/2023

    Preferred Share Assets:
    Total Debt (USD): $233.500M
    Regulatory Leverage (USD): $233.500M
    Effective Leverage (USD): $233.500M
    Effective Leverage (%): 39.26%
    Annual Expense Ratios

    As of 7/31/2022

      Per Common Share
    Management Fees1.27%
    Other Expenses:0.13%
    Baseline Expense: N/A
    Interest Expense:0.80%
    Total: 2.19%
    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): 147,758
    Average Daily Volume (USD): $1.195M
    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

    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.

    to
    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†
    ERROR: No data

    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 6/7/2023

    PeriodAvg Discount
    6 Month-11.06%
    1 Year-10.24%
    3 Year-8.61%
    5 Year-9.59%
    Z-Score

    As of 6/7/2023

    PeriodZStat
    3 Month-0.73
    6 Month-1.17
    1 Year-1.59
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2023
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD1.72%2.76%5.17%4.47%
    2022-15.96%-6.21%-14.61%-6.12%
    202125.35%10.58%20.67%7.70%
    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%  
    2009119.82%113.14%  
    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 5/31/2023
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/6/2023    		7.99%
    Number of Holdings:
    As of 4/30/2023    		475
    Annual Portfolio Turnover:
    As of 7/31/2022    		37.00%
    Asset Allocation

    As of 4/30/2023

    Top Sectors

    As of 4/30/2023

    Sector%Portfolio
    Corporate (Super Sector)97.56%
    Bank Loan82.38%
    Corporate Bond15.16%
    Securitized (Super Sector)1.06%
    Asset Backed1.06%
    Defensive (Super Sector)0.86%
    Utilities0.82%
    Sensitive (Super Sector)0.42%
    Energy0.42%
    Consumer Defensive0.04%
    Call Exposure

    As of 4/30/2023

    Top Holdings

    As of 4/30/2023

    HoldingValue% Portfolio
    Restaurant Brands International Inc$14.28M2.34%
    Medline Borrower LP$9.41M1.54%
    Clear Channel Outdoor Holdings Inc/old$7.93M1.30%
    Quarternorth Energy Holding Inc$7.77M1.28%
    Bausch + Lomb Corp$6.61M1.08%
    Argos Holdings Inc$6.43M1.06%
    Phoenix Newco Inc$6.34M1.04%
    Jazz Pharmaceuticals Plc$6.14M1.01%
    IRB Holding Corp$6.14M1.01%
    Stars Group Holdings Bv$5.74M0.94%
    Credit Quality

    As of 4/30/2023

    Maturity Breakdown

    As of 4/30/2023

    Country Allocation

    As of 4/30/2023

    Country% Portfolio
    United States - Fixed Income12.98%
    United States - Equity1.31%
    Others - Fixed Income0.84%
    United Kingdom - Fixed Income0.66%
    France - Fixed Income0.59%
    Canada - Fixed Income0.56%
    Netherlands - Fixed Income0.50%
    Others - 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

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